R12i Oracle Intercompany Orders and Invoicing

About This Course

Intercompany Invoicing (including IR/ISO) in Oracle E-Business Suite Release 12i

By the end of this course you will be able to learn complete Inter-company business process flow spanning across multiple Operating Units. 

An intercompany transaction is a transaction between two entities in an organization. Oracle enables you to track and reconcile intercompany transaction details across accounts and custom dimensions.

It will be useful to anyone who is new to Oracle Inter-company Invoicing and looking for understanding the basic concepts inter-company orders and associated inter-company invoicing across Operating Units.

The Intercompany Transactions module provides an efficient way to identify, report, and reconcile intercompany account differences. You can enter, match, post, and verify intercompany transactions. With the ability to view transaction detail at any time, you can reconcile intercompany account differences frequently, and thus minimize their impact on the closing cycle. You can also analyse differences due to real errors in transaction currency or differences due to exchange rates.

The transactions that are entered by an intercompany accountant to record transactions within or across legal entities. For example, Legal Entity Vision USA is required to bill Legal Entity Vision UK for some equipment it ordered on behalf of Vision UK. Another example would be if the training department in Vision USA needs to charge the consulting department for training it imparted to the consultants.

Intercompany Transactions in between two Different Ledgers. Legal Entities, Business Units or Inventory Orgs. Example Between IN01 & IN02, IN01 & US01,IN02 &US01,IN01 & US02,US01&US02 and Vice versa. Also Between INLE and USLE ,INBU& USBU , INPLAN & USPLANT)

• By the end of this course you will be able to learn complete Inter-company business process flow spanning across multiple Operating Units.

• It will be useful to anyone who is new to Oracle Inter-company Invoicing and looking for understanding the basic concepts inter-company orders and associated inter-company invoicing across Operating Units.