Manage Intercompany Organizations

The Manage Intercompany Organizations task lets you define intercompany organizations and assign them to a legal entity. The intercompany organization can act either as a provider or a receiver in an intercompany transaction.

Optionally assign a receivables and payables business unit to the organization if you require invoice generation. Invoices are generated in Oracle Fusion Receivables and Oracle Fusion Payables for the business units specified.

You can initiate an intercompany transaction only for those organizations that you have access to. If a new organization is added after the application is configured, the intercompany accountant or administrator should ensure that access is given to the appropriate users.

An organization can be disabled if there are no open transactions, and all transactions for that organization are either in a New or Complete status.

Legal Entity

Each intercompany organization must be associated with a legal entity, but you can associate more than one organization to a legal entity.

Receivables and Payables Business Units

The available business units are those associated with the ledger to which the selected legal entity belongs. This assignment is optional, but is needed when the organization is engaged in intercompany activity requiring intercompany invoices.

If you enter the wrong receivables or payables business units, you can still correct them as long as the organization isn't yet used in an intercompany transaction, regardless of the transaction status.

Short Code for Intercompany Organization

Short code is an additional attribute that must be defined for each Intercompany organization. Short code is leveraged to derive the auto generated transaction numbers in the multitier flow.