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