Example of Additional Intercompany Balancing and Clearing Options
This topic provides examples of additional intercompany balancing and clearing options, the setup required, and the journal before and after balancing.
Additional Intercompany Balancing Segment Options
In this scenario the enterprise has the second balancing segment and the third balancing segment enabled for its chart of accounts. The journal is balanced by primary balancing segment but is out of balance by the second balancing segment and the third balancing segment.
Setup
-
InFusion USA Chart of Accounts
This table describes the structure of the InFusion USA chart of accounts.
|
Segment Qualifier |
Primary Balancing Segment |
Second Balancing Segment |
Third Balancing Segment |
Product |
Account |
Intercompany Segment |
|---|---|---|---|---|---|---|
|
Segment Name |
Company (CO) |
Cost Center (CC) |
Division (DIV) |
Product (PROD) |
Account (ACCT) |
Intercompany (IC) |
-
Ledger, Legal Entity, Primary Balancing Segment Value Assignments
This table describes the defined ledger, legal entity, and primary balancing segment values.
|
Ledger |
Legal Entity |
Primary Balancing Segment Value |
|---|---|---|
|
InFusion USA |
InFusion Farms |
3100, 3200, 3300, 3400, 3500 |
|
InFusion USA |
InFusion Textiles |
4000 |
|
InFusion USA |
InFusion Products (East) |
5000 |
|
InFusion USA |
InFusion Products (West) |
6000 |
|
InFusion USA |
1000, 9000 |
-
Additional Intercompany Balancing and Clearing Options as shown in this table.
|
Rule Number |
Ledger |
Source |
Category |
Transaction Type |
AR Account |
AP Account |
|---|---|---|---|---|---|---|
|
1 |
InFusion USA |
Other |
Other |
None |
1000 - 000 -200 - 0000 - 13010 - 0000 |
1000 - 000 - 100- 0000 - 21010 - 0000 |
-
Journal Balancing
-
Journal Before Balancing as shown in this table.
-
|
Line |
Line Type |
Legal Entity |
CO |
CC |
DIV |
PROD |
ACCT |
IC |
Debit |
Credit |
|---|---|---|---|---|---|---|---|---|---|---|
|
1 |
Expense |
InFusion Farms |
3100 |
100 |
110 |
1200 |
52330 |
0000 |
150 |
|
|
2 |
Liability |
InFusion Farms |
3100 |
500 |
330 |
1300 |
40118 |
0000 |
150 |
-
Journal Balancing
-
Journal after Balancing as shown in this table.
-
|
Line |
Legal Entity |
CO |
CC |
DIV |
PROD |
ACCT |
IC |
Debit |
Credit |
Uses Rule |
|---|---|---|---|---|---|---|---|---|---|---|
|
1 |
InFusion Farms |
3100 |
100 |
110 |
1200 |
52330 |
0000 |
150 |
||
|
2 |
InFusion Farms |
3100 |
500 |
330 |
1300 |
40118 |
0000 |
150 |
||
|
3 |
InFusion Farms |
3100 |
100 |
110 |
0000 |
21010 |
0000 |
150 |
1 |
|
|
4 |
InFusion Farms |
3100 |
500 |
330 |
0000 |
13010 |
0000 |
150 |
1 |