1. Financial Management Fundamentals Implementation Guide
  2. Examples for the Configured Hub Method

Examples for the Configured Hub Method

This section shows two examples of how the system creates the automatic entries for intercompany settlements using the configured hub method. This information applies to the two examples:

  • You designate the hub company in the Configured Hub Companies program (P09190).

  • The entries use a subledger that is equal to the offsetting company number and use subledger type A (address book) so that you have an audit trail.

  • The business units (50, 100, 7) and object account (1291) are determined by AAI item the ICCC.

  • The system creates the automatic entries with a document type of AE (automatic entry) and assigns a document number and a GL date that are the same as the journal entry.