Interunit and Intraunit Setup

Setup for interunit and intraunit accounting entries is linked to the business unit definition for general ledger. PeopleSoft Receivables uses the setup for the general ledger business unit associated with each receivables business unit.

Note:

If you plan to use discounts and multibook, then you need to have the same ledger group set up for both business units.

PeopleSoft Receivables provides three unique system transaction definitions that define specific rules for receivables transactions:

• Receivables Item (ARIT): Used for all other receivables transactions.

• Receivables Transfer (ARTR): Used for transfers.

• Receivables Direct Journal (ARDJ): Used for direct journal payments.

You should not modify these definitions unless you modify your application. These system transaction definitions are mapped to the system-defined transaction code for general transactions on the System Transaction Map page.

Important:

You should also specify the general ledger business unit for customers that you marked as interunit customers on the General Information - Bill To Options page. The system uses the general ledger business unit for the To customer when you transfer items to a new customer to generate the interunit accounting entries.

You must also define distribution codes for maintenance control and assign the default distribution code to each business unit.

Note:

Summarization is an installation option for interunit and intraunit distribution lines that do not use Affiliate ChartFields. Using summarization, you can reduce the number of interunit and intraunit distribution lines when segregation of amounts is not required.