Avoiding Expensive Intercompany Reconciliation with Integrated Posting

Maybe you know this situation: If a company performs services for another company of the affiliated group, mutual billing might be the case in some circumstances. The arduous reconciliation of differences at this group level through the finance department especially leads to bottlenecks for quick and accurate financial closures.

In order to avoid expensive intercompany reconciliations, invoices between companies of an affiliated group can be posted via intercompany processes. In doing so, the billing accounting area documents entries for both accounting areas.

Please wait