Define Transaction Type for Multitier flow
Intercompany transaction types determine the onward processing of intercompany transactions in the downstream applications.
A transaction type that is enabled for invoicing will determine that transaction will require invoicing in Receivables and Payables and a transaction type that isn’t enabled for invoicing will require transactions are transferred directly to General Ledger.
A transaction type must be enabled for multitier so that it can be used for multitier flow. A transaction type will then be selected and defined at the intercompany agreement level and will determine the processing of transactions for that agreement.
Note: A transaction type that is enabled for multitier flow will not be available for use in
the standard intercompany flow.
How to Create an Intercompany Transaction Type
- Navigate to Setup and Maintenance work area and select Financials.
- Select General Ledger and then Intercompany as the functional area.
- Navigate to the Manage Intercompany Transaction Types task.
- Complete the fields as shown in this table:
Field Value Code WCLOAN_INV Transactional Type Name Working Capital Loan Invoicing Description Working Capital Loan for Invoicing flow Invoicing Enable, if invoicing is required. Manual Approval This will be blank and not editable. Multitier Enable