How to Create an Intercompany Transfer Authorization

This topic explains how to create an intercompany transfer authorization.

1. Navigate to Intercompany Agreements landing page using the Multitier Intercompany operations icon.
2. Select the agreement and click Open.
3. Use the plus icon or click Create to create a new transfer authorization.
4. Complete the fields as shown in this table.

   Transfer Authorization Reference Number	Description
   Transfer Authorization Reference	Working Capital Loan Jan 2024
   Transfer Authorization Number	Working Capital Loan Jan 2024-1 (Defaulted by the system)
   Description	Working Capital Loan Jan 2024
   Transaction date	JAN-04-2024
   Transaction Amount	10000 USD
   Amount Type	Working Capital Loan Short Term
   Approval Flow	Manual

5. Click Create.
6. Edit the transfer authorization to add any additional information or attachments.

   The approval flow defaults from the associated agreement. You can update the approval flow to Auto and process transfer authorizations without any manual approval.

7. Click Continue to have application generate the transactions.

If the transfer authorization is configured for auto approval, the application automatically completes the transfer authorization and continues processing without requiring manual approval.