Automated Intercompany Cross Charge of Payables Invoices Using REST APIs

You can use REST service to automate the intercompany cross charge process for supplier invoices created in Payables.

The feature is applicable for Payment on Behalf of (POB) expenses, expense sharing, or other expenses that involve recharge from paying entity to one or multiple beneficiary entities, resulting in intercompany transactions. The feature lets you automate the processing flow, starting from the Payables invoice to automatic creation of intercompany transfer authorizations, based on the specified intercompany agreements. First, the invoice data is automatically transferred from Payables to Intercompany Document Preparation, where users can assign the beneficiary entity, as well as initiate the creation of intercompany transfer authorization. After the transfer authorization is created, create intercompany transactions, preview intercompany accounting, and provide approval or rejection. Successful completion of intercompany cross charge process will result in either GL journals, or intercompany Receivables and Payables invoices.

Check out the REST API Endpoints to know the methods available for each Intercompany Agreements and Intercompany Transaction Source Documents APIs.