Example: Two Journal Entries in One Batch

This example shows how the system creates summarized entries when you enter two journal entries in one batch. In this example, company 1 transfers cash to company 60 and prepays an expense on behalf of company 60.

You enter two journal entries in one batch:

Document	Company	Account	Description	Debit	Credit
JE 3000	1	1.1110.BEAR	Cash	Blank	100
JE 3000	60	60.1110	Cash	100	Blank
JE 4000	1	1.1110.BEAR	Cash	Blank	100
JE 4000	60	60.1800	Prepaid Expense	100	Blank

When you post the entries, the system automatically generates these intercompany entries:

Document	Company	Account/Sub/Type	Description	Debit	Credit
AE 1214	60	60.1291/00000001/A	Intercompany Receivables/Payables	Blank	200
AE 1214	1	1.1291/00000060/A	Intercompany Receivables/Payables	200	Blank

The second row is the entry to the hub (company 1) from company 60. The hub method summarizes the four lines of the two documents by account and by subledger and subledger type.