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Our setup ensures that for cross company postings that the assigned AR/AP accounts in each company code are posted to.
We ensure that these customer/vendor accounts in each company code are not posted to manually and monthly do a reconciliation process re these 4 accounts, then it is simply the company code that owes the net amount makes a payment to the other company code to pay/clear those open items.
In summary, if company A does an STO to company B, company A will record a DR entry in its customer account for company B, and company B will record a CR entry in its vendor account for company A. This vendor entry can be paid like any other vendor payment and company A can do receipt entry like it does when receiving payment from a customer.
Trust this helps. Ken
| | | ---------------Original Message---------------
From: rashid-ali
Sent: Tuesday, January 25, 2011 10:38 PM
Subject: Intercompany accounting - process after billing
Hi SAP guru, we have two company code and second company code is not live yet. We use STO process to do stock transfer from one company code to other company code. I need to know how accounting process work after billing document generated for the financial process. What GL ledger entries will be done and how account will clear and clearing process. This is very urgent any expedite answer will be helpful.
Thanks |
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| |  KenThomson
SAP Accounting Enthusiast
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