Howdy, Stranger!
Categories
- All Categories
- 73 General
- 73 Announcements
- 66.7K Microsoft Dynamics NAV
- 18.7K NAV Three Tier
- 38.4K NAV/Navision Classic Client
- 3.6K Navision Attain
- 2.4K Navision Financials
- 115 Navision DOS
- 854 Navision e-Commerce
- 1.1K NAV Tips & Tricks
- 772 NAV Dutch speaking only
- 615 NAV Courses, Exams & Certification
- 2K Microsoft Dynamics-Other
- 1.5K Dynamics AX
- 327 Dynamics CRM
- 110 Dynamics GP
- 10 Dynamics SL
- 1.5K Other
- 994 SQL General
- 384 SQL Performance
- 34 SQL Tips & Tricks
- 34 Design Patterns (General & Best Practices)
- Architectural Patterns
- 10 Design Patterns
- 5 Implementation Patterns
- 53 3rd Party Products, Services & Events
- 1.7K General
- 1.1K General Chat
- 1.6K Website
- 79 Testing
- 1.2K Download section
- 23 How Tos section
- 260 Feedback
- 12 NAV TechDays 2013 Sessions
- 13 NAV TechDays 2012 Sessions
Intercompany Invoice and Payment in BC
nav_rksaurabh
Member Posts: 12
Hi Experts,
I want to map intercompany process for my client.
Below is my scenario
1. Master Company
2. Trust Company
Invoices related effect should happen in Trust company (Expense account, Payable Account)
Payment to be done from Master Company Bank Account.
Where should I create my Vendor Invoices so that account should affect in Trust Company?
If I do the invoice in Trust company then G/L Account effect is as per expected but when paying the amount from Master Company, there will be no entries to apply in Master Company since, Invoice exist in Trust company.
Can I create invoices in Master Company and have the G/L Effect in Trust company? Yes, we can do that but Payable account in Master Company will also get effected. Is this valid?
The above scenario also includes one business rule where entries from customer also to be considered while payment to Vendor in case related customer with outstanding balance in Master company.
I am using Payment Journal and Purchase journal for payment and invoice respectively.
Need experts advise on my above request.
I want to map intercompany process for my client.
Below is my scenario
1. Master Company
2. Trust Company
Invoices related effect should happen in Trust company (Expense account, Payable Account)
Payment to be done from Master Company Bank Account.
Where should I create my Vendor Invoices so that account should affect in Trust Company?
If I do the invoice in Trust company then G/L Account effect is as per expected but when paying the amount from Master Company, there will be no entries to apply in Master Company since, Invoice exist in Trust company.
Can I create invoices in Master Company and have the G/L Effect in Trust company? Yes, we can do that but Payable account in Master Company will also get effected. Is this valid?
The above scenario also includes one business rule where entries from customer also to be considered while payment to Vendor in case related customer with outstanding balance in Master company.
I am using Payment Journal and Purchase journal for payment and invoice respectively.
Need experts advise on my above request.
Regards,
rksaurabh
rksaurabh
0