Customizing Standard Journal Entries for Intercompany Elimination

You should use advanced intercompany journal entries (AICJE) to record intercompany transactions.

If you want use journal entries, you must customize the standard journal entry form to display the To Subsidiary and Eliminate fields. When you add a journal line posting to an intercompany account, the system flags the line to be eliminated during the period close process. See Enter Intercompany Transactions for Elimination.

To customize the journal entry form for intercompany elimination:

1. Go to Customization > Forms > Transaction Forms.

2. Click Customize next to Standard Journal Entry.

3. Enter a name for the custom journal entry form.

4. On the Screen Fields subtab, on the Main subtab, check the Show box next to the To Subsidiary field.

5. In the Field Group list, select Classification.

6. On the Lines subtab, check the Show box for the Eliminate label.

7. Click Save.

Related Topics:

• Intercompany Accounts
• Account Types and Intercompany Transactions
• Creating Intercompany Accounts
• Creating Intercompany Customers and Vendors
• Intercompany Inventory Items Guidelines
• Setting Up Automated Intercompany Management

General Notices