Intercompany

The Intercompany dimension represents all intercompany balances that exist for an account. It is used to store the Entity members for Intercompany transactions. If you enable this option when you create an application, the system creates an Intercompany dimension containing system members.

Note:

If you do not enable Intercompany Data when you configure features for the application, the system does not create the Intercompany dimension. See Creating an Application.

Entity dimension members have a member property called Intercompany Entity that specifies if the member should be included for intercompany transactions. If you select Yes for this property, a member with the same name is created in the Intercompany dimension.

When you create intercompany transactions, each group must have at least one intercompany account and one plug account. A plug account is an account that, when eliminations are completed, stores the difference between two intercompany accounts.

To set up an application for intercompany transactions, you must perform these actions:

• When defining accounts, specify the accounts that perform intercompany transactions and specify a plug account for each intercompany account

• When defining entities, specify the entities that perform intercompany transactions

By default, the system creates these Intercompany members:

• No Intercompany - This member is used in member intersections to store information such as currency rates. It cannot be renamed or edited.

• Intercompany Entities - This member is the parent member under which all ICP entities are created.

• Intercompany_Top - This member is the top-most member in the hierarchy.

When an entity is enabled for Intercompany, the system automatically adds a new member in the Intercompany dimension. You cannot manually add new members.

You cannot modify or delete Intercompany members.