| # To set up intercompany settlement transactions To set up intercompany settlement transactions To set up intercompany settlement in a single financial company structure, take the following steps: Step 1. Create the intercompany ledger accounts In the Chart of Accounts (tfgld0508m000) session, create the following ledger accounts: The interim intercompany clearing account. The intercompany ledger accounts for each logistic company. The ledger account type must be Intercompany. Step 2. Define the business partner In each logistic company, in the Business Partners (tccom4500m000) session define the other company as an Affiliated Company business partner. Define the business partner in the usual way. On the Enterprise Modeling tab, you must specify the following details: Select the Affiliated Company check box and enter the company number. Select the Intercompany Settlement check box. Step 3. Set up prices and surcharges If you want to create the intercompany settlement transactions and you want to add surcharges, you can define a non-invoiced goods transfer relationship between the entities in the Enterprise Modeling Management module. You can specify the surcharge percentage in the Goods Transfer (tcemm2150m000) details session. The price type must be Valuation Price. Step 4. Define the business partner groups In the financial company, create business partner groups for the internal business partners and the affiliated-company business partners that you defined in Step 1. This enables you to define separate ledger accounts for the transactions that take place inside your organization. Use the Financial Business Partner Groups (tfacr0110m000) sessions of the Accounts Receivable and the Accounts Payable modules as applicable. The ledger account type must be Balance Sheet, or Profit & Loss. Step 5. Set up the integration mapping scheme In the Mapping Scheme (tfgld4573m000) session, set up the integration mapping scheme. On the Mapping Scheme Details tab, define the specific mapping details described below. Integration Document Type = Purchase Order/Receipt Debit: Map to an Inventory Ledger account For the credit side, define a mapping element with a high priority for the financial business partner group with the following details: Credit: Financial Business Parter Group ACP = the affiliated-company business partner group that you defined in Step 4. Map to a Balance Sheet type ledger account for inventory company clearing. Integration Document Type = Sales Order/Revenue Analysis For the debit side, define a mapping element with a high priority for the financial business partner group with the following details: Debit: Financial Business Parter Group ACR = the affiliated-company business partner group that you defined in Step 4. Map to a Balance Sheet type ledger account for internal company billing. Credit: Map to a Revenue ledger account Related topics Intercompany transactions Financial business partner groups |