Microsoft Dynamics 365 Enterprise Edition - Financial Management - Third Edition

Understanding the setup and configuration of intercompany accounting

The intercompany elements in Microsoft Dynamics 365 for Finance and Operations include defining main accounts to be used for intercompany entries. It is recommended to use different accounts for each subsidiary in order to streamline the reconciliation of intercompany entries. Then, each subsidiary should have separate journal names for intercompany transactions, and should also use different vouchers for intercompany transactions for easy tracking. Finally, moving on to intercompany accounting configuration, assign the created due to and due from main accounts for the originating company and the destination company, in addition to a journal name. The following diagram illustrates ...