Intercompany Questions

gemini_shooter

Hello All,

I am setting Intercompany for a client and have come some questions, I wish the module was stronger and with more features for corporate expense allocations, but I am looking for some input:

Question 1: Intercompany Journal
When I try to a journal the following way it does not work:

IC Partner 1 IC101 <DR> $100
IC Partner 2 IC101 <DR> $100
GL Account IC101 <CR> -$200

Basically it asks me to split the lines the following way
IC Partner 1 IC101 <DR> $100
GL Account IC101 <CR> -$100
IC Partner 2 IC102 <DR> $100
GL Account IC102 <CR> -$100

Has Anyone tried this before ?

Question 2: This one I am pretty sure does not happen in NAV, since it common in US and Canada. A corporate/holding entity creates a PO for $300. That PO should create journal lines in the child (IC) entities and allocate $100 to each entity.

So when I create a PO for a G/L Account for example cleaning for all buildings, the expense should be allocated and should create IC journals for each IC partner based on the PO Lines

Is that possible ?

kitik

Question 1:
Yes, you have to split the lines, so when you transfer it to the partners each one receives a ballanced transaction

Question 2:
The PO for the cleaning goes against a regular Vendor, not to an IC Partner, right?
You'll need to post a SO to each partner for their part of the expense.

Salut!