Multitier Intercompany Transactions
An intercompany transaction from multitier flow is generated by the application based on the attributes defined at the agreement level and the fund transfer initiated through a transfer authorization.
You can still edit the transaction to modify the currency conversion options for settlement, update, or manually enter the account combination for the provider and receiver organizations.
You can use the transaction account builder to derive the user enterable account combination for both provider and receiver organization for each leg of the transaction. Alternatively, you can manually enter the account combination.
You can review and edit the transaction, and click Continue to generate the clearing lines and complete the accounting information.
This table demonstrates the transactions generated when transfer authorization is entered and processed for the scenario shown:
Transactions for Transfer Authorization - Working Capital Loan Jan 2024.
| Transaction Number | From Organization | To Organization | Route Type | Transaction Amount | Settlement Currency Basis | Settlement Amount | Conversion Rate Type | Rate Date | Rate | From Account | To Account | Status |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| USHQ-UKCS-1 | US HQ Operations | UK Capital Services | Provider to First Clearing | 10000 USD | Transaction Currency | 10000 USD | Corporate | Jan-04-2024 | 1.0 | 01-000-18039-00-00 | 02-000-20981-00-00 | New |
| UKCS-AUFS-1 | UK Capital Services | AU Financial Services | First Clearing to Second Clearing | 10000 USD | Transaction Currency | 10000 USD | Corporate | Jan-04-2024 | 1.0 | 02-000-18039-00-00 | 03-000-29081-00-00 | New |
| AUFS-SGOP-1 | AU Financial Services |
SG Operations
|
Second Clearing to Receiver | 10000 USD | Transaction Currency | 10000 USD | Corporate | Jan-04-2024 | 1.0 | 03-000-18039-00-00 | 04-000-29081-00-00 | New |