Intercompany error

JennyMac

I'm using IC Gen journal, but when i'm clicking the complete line actions in the IC Inbox then complete the list in the IC inbox action.
Im getting error "IC G/L ACCOUNT DOES NOT EXIST". do i need to include in the IC chart of account the G/L account that i have in the partner company? thank you.

Kishorm

You need to setup your Intercompany Chart of Accounts... "Financial Management --> Setup --> Intercompany Postings --> Chart of Accounts"

You can find out more about this here...
https://msdn.microsoft.com/en-us/library/hh168594(v=nav.90).aspx

JennyMac

In every company in the same database, is it needed to have same IC chart of account?

Kishorm

Have you read the above link? The first section says...

Before you and your intercompany partners can begin to transfer intercompany transactions electronically, each of you must set up the intercompany chart of accounts in your company.
...

Each of the subsidiaries then imports the XML file into the IC Chart of Accounts table and maps the accounts to the accounts in their own chart of accounts.