Hi there,
I'm currently doing research on how to make intercompany bank to bank transfers more efficient. Currently, our solution has been to work outside the subledger, posting to a general intercompany GL account through "Post General Journal Entry". However, we're now looking to post to AP and AR (affiliate) Subledger.
From my preliminary research, I noticed the app "Make Bank Transfer" would offer up a suitable process, however J78 - Advanced Cash Operations is required and consequently additional licenses, which is currently cost prohibitive.
Outside of this, my thoughts are that we complete two separate transactions, "Post outgoing payment" then "Post incoming payment". Has any one dealt with this scenario, and perhaps found a better, more streamlined process?
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.