Interunit and Intraunit Processing in Accounting
The PeopleSoft centralized processor generates the due-to and due-from entries for both interunit and intraunit balancing. PeopleSoft Treasury Management provides functionality to support interunit and intraunit processing using the centralized processor on the Accounting Template and Accounting Entries pages.
Interunit and Intraunit Balancing Methods
Interunit refers to balancing transactions that involve two general ledger business units. The bank accounts contain the ChartFields and the rules by which their values should be determined.
Intraunit refers to balancing transactions within the same general ledger business unit in which the transaction involves more than one value on the lower level balancing ChartField. For all transactions that Treasury Management generates, the system obtains the ChartFields from either the bank account or an accounting template. Inherited ChartFields obtain their values from the corresponding ChartField on the offsetting entry.
Treasury System Transaction Definitions
To facilitate interunit and intraunit processing, you segregate your interunit and intraunit payable and receivable accounts by the type of transaction. The interunit and intraunit system transactions are a predefined list of transactions, with one system transaction for each major type of Treasury transaction that generates interunit and intraunit entries. By defining transaction codes and associating them with system transactions, you control the level by which you segregate your Interunit and intraunit balances.
Important:
Oracle delivers predefined system transactions, which you can view on the System Transaction Definition page. You should not change the information on this page because it affects the intraunit and interunit processing.
See Application Fundamentals: Running the Centralized Interunit and Intraunit Processor.
This table associates a system-defined transaction with a PeopleSoft accounting source:
| Accounting Source | System Transactions |
|---|---|
|
Deals |
TRDEAL |
|
Hedges |
TRHEDGE |
|
Letter of Credit, Deal, Facility, or EFT Fees |
TRFEE |
|
Bank Statement Items |
TRBSP |
|
EFT Requests |
TREFT |
|
Bank Transfers |
TRBAX |
|
Interunit Interest |
TRIUINT |
|
Manual Entry |
TRMANUAL |
|
Investment Pools |
TRINPOOL |
Intraunit and Interunit Accounting Entries Generation Using the Centralized Processor
Here is an overview of the process:
-
Specify an anchor entry in the accounting template as a model for any interunit and intraunit entries.
The anchor entry cannot be a line where the ChartField is determined by Bank Account.
-
Process treasury accounting using the Automated Accounting process (TR_ACCTG), which invokes the centralized processor. The centralized processor automatically creates any necessary offset entries that are tagged with the source identifier label System IU (viewable on the Additional Details tab of the Accounting Entries page) and inserts these data into the accounting tables.
-
If you make any changes to an accounting entry line, you must click the Update Accounting button to invoke the centralized processor and regenerate accounting entries.