Intercompany Transfers

ananthanathan
Member Posts: 20
Hi,
Im currently faced with a prospect seeking multiple companies and inter company accounting.This prospect has a peculiar need. The prospect is an export house and has two business units (say A and B.Both export houses). At times, A procures materials and processes it. However,due to the law of the land, business unit A cannot export these items. However, Business Unit B can export these goods.In such a scenario, the prospect has to transfer these items/materials to Business Unit B so that export is made possible. Physical movement of goods is not done since that would involve taxes. At present, they are manually re entering the items in the inventory of business unit B and destroying the bills that show the procurement in business unit A.No record for the purchase or transfer of goods exists in Business Unit A.
Is it possible to effect the transfer of a purchase order / documents from one business unit to another?
Thanks and Regards,
Ananthanathan
Im currently faced with a prospect seeking multiple companies and inter company accounting.This prospect has a peculiar need. The prospect is an export house and has two business units (say A and B.Both export houses). At times, A procures materials and processes it. However,due to the law of the land, business unit A cannot export these items. However, Business Unit B can export these goods.In such a scenario, the prospect has to transfer these items/materials to Business Unit B so that export is made possible. Physical movement of goods is not done since that would involve taxes. At present, they are manually re entering the items in the inventory of business unit B and destroying the bills that show the procurement in business unit A.No record for the purchase or transfer of goods exists in Business Unit A.
Is it possible to effect the transfer of a purchase order / documents from one business unit to another?
Thanks and Regards,
Ananthanathan
Regards,
Ananthanathan.G
Ananthanathan.G
0
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