Understanding the Intercompany Accounts in Balance Report
If you have multiple companies that are set up for hub or detail intercompany settlements, you should verify that all intercompany accounts are in balance. The Intercompany Accounts in Balance report (R097011):
Uses information from the F0902 table to compare the balances among the company's various intercompany settlement accounts.
Determines whether AAI items and the associated intercompany accounts are set up correctly.
Includes all of the periods in the current year, previous year, and next year.
The report is not based on any specific financial period.
The intercompany accounts for your companies should be in balance. If they are not, the Intercompany Accounts in Balance report lists the intercompany accounts, their balances, and the amount that is required to balance each account.
Transactions that posted with the intercompany settlement code * do not appear on this report. The system automatically uses this code when batches are posted out of balance. To locate imbalances that are caused by missing intercompany settlements, print the Companies in Balance report.
A message appears on the Intercompany Accounts in Balance report only if these conditions occur:
All intercompany accounts are in balance.
The intercompany accounts are not set up in the AAIs.
Note: If you have multiple companies with different base currencies, do not run this integrity report. Instead, run the Companies in Balance report.