This is the next part of intercompany trade process. In this blog, I will try to explain how we can automatically post customer payment journal and settle intercompany invoices while posting vendor payments in other company.
Setup Policy and define default offset account for payment journal.
Scenario: USMF raised customer invoice and DEMF recorded Vendor invoice. Now DEMF will post vendor payment and now customer invoice in USMF should get automatically settle.
Step-1: Create Payment Journal in DEMF
Mark invoice for settlement and post
Step-2: View Auto created journal in USMF and settled Invoice
That’s it for this blog, I will write next part soon.
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