How do I enter provider and receiver distributions for intercompany transactions?
Enter provider and receiver distributions, and make sure that the net amount is equal to the transaction amount. When you submit the batch for processing, Intercompany creates a receivable line for the provider side and a payables line for the receiver side.
The intercompany receivables line and payables line are based on these:
-
the primary balancing segment value of the first provider distribution and the intercompany balancing rules.
-
the primary balancing segment value of the first receiver distribution and the intercompany balancing rules.
Transaction amount = $100 debit.
This table shows the Provider distributions for a Debit transaction.
|
Distribution Line Entry |
Debit |
Credit |
|---|---|---|
|
User enters this line. |
$100 |
|
|
And Intercompany adds the Intercompany Receivable line. |
$100 |
This table shows the Receiver distributions for a Debit transaction.
Transaction amount = $100 debit.
|
Distribution Line Entry |
Debit |
Credit |
|---|---|---|
|
User enters this line. |
$110 |
|
|
User enters this line. |
$210 |
|
|
Intercompany adds the Intercompany Payables line. |
$100 |
This table shows the Provider distributions for a Credit transaction.
Transaction Amount = $100 credit
|
Distribution Line Entry |
Debit |
Credit |
|---|---|---|
|
User enters this line. |
$110 |
|
|
User enters this line. |
$210 |
|
|
Intercompany adds the Intercompany Receivable line. |
$100 |
This table shows the Receiver distributions for a Credit transaction.
Transaction Amount = $100 credit
|
Distribution Line Entry |
Debit |
Credit |
|---|---|---|
|
User enters this line. |
$100 |
|
|
Intercompany adds the Intercompany Payables line. |
$100 |