When a transaction is entered in Access Financials that posts to a nominal account that has been configured to trigger intercompany posting, the Intercompany Posting Details form is displayed.
The form is used to record the details of the intercompany transaction, which is created in the destination company:
A row appears for each detail line which creates an intercompany transaction.
Each row can be expanded to enter additional details.
The search controls can be used to pick value details from the destination company.
Default values are present, as set in Intercompany options.
If default values are set as Fixed in Intercompany options, they cannot be changed here (even if invalid).
The Use Gross option sets whether net or gross values will be used in the intercompany transactions.
Once valid Intercompany posting details are entered and saved, the transactions are posted in the source company and in the destination company, unless it is set to go to batch
Intercompany Posting Rights
In order to post intercompany transactions, the user must have user accounts in both the source and destination instances of Access Financials:
Intercompany does not allow a user to create transactions that the user would not normally be able to make in Access Financials.
When posting an Intercompany transaction, the system checks the user has the necessary rights and permissions in the destination instance of Access Financials.
Intercompany transactions are posted to the Nominal Ledger year/period in the destination instance of Access Financials, which corresponds to the year/period against the originating transaction.
When posting a Reversing Journal, users can only create the reserving intercompany transactions if their account has future period posting rights in the destination database.