| Dynamics GP 10.0 Intercompany module allows you | | | | update the account balances in the originating and |
| to set up, enter and maintain transaction relationships | | | | destination companies. |
| between companies so expenses and revenues | | | | 5) Tracking: Intercompany transactions are assigned |
| incurred by the originating company can be tracked | | | | an audit trail and this feature gives you the ability to |
| and sent to the destination companies. | | | | track and print reports for all such transactions. |
| Let's look at the key features and benefits of using | | | | Additionally, the enquiry window for Intercompany |
| Intercompany: | | | | audit trail codes in the destination companies can be |
| 1) Payables management: After the Due to/Due | | | | used to view the originating company, the originating |
| From relationships are clearly defined for the | | | | audit trail code and the journal entry for posted |
| originating and destination companies, everything is | | | | intercompany transactions. |
| automated once specific batches of transactions are | | | | 6) Inquiry window: By using the journal entry inquiry |
| processed. Integration with other modules is one of | | | | window users can view transaction details for journal |
| the main benefits of this module, since individual | | | | entries posted in General Ledger during an open fiscal |
| transactions do not have to be manually entered in | | | | year. The intercompany button is enabled if the |
| General Ledger or other areas, Dynamics GP 10.0 | | | | current displayed entry originated from an |
| updates data across the system. | | | | intercompany generated transaction. |
| 2) Multi-currency management: Transactions can be | | | | 7) Exchange Rate: The intercompany destination |
| viewed in the original currency or the functional | | | | exchange rate inquiry can be used to view the |
| currency and this option can be customized according | | | | exchange rate information for all destination |
| to each user, on each window allowing greater user | | | | companies on an intercompany voucher in Payables |
| convenience. If the functional currency amounts do | | | | Management. This feature facilitates quick and easy |
| not balance, the difference is posted automatically to | | | | access to information that would otherwise have to |
| a rounding difference account. | | | | be tracked manually by viewing each destination |
| 3) Voiding mistakes: Intercompany transactions that | | | | company's data individually. |
| have been entered by mistake can be easily voided | | | | 8) Custom Reports: There are numerous reports that |
| and this portion of the transaction relating to the | | | | come with the Intercompany module. These reports |
| originating company is voided automatically. | | | | can be easily modified or customized to meet the |
| 4) Flexibility is a key advantage: Before the | | | | user's specific requirements for information on |
| intercompany transactions are posted, transactions | | | | intercompany transactions. |
| can be changed or deleted. The posting process will | | | | |