Intercompany sales- FI postings

[Former Member]

Hi Gurus,

How FI postings are updated like credit and debit in both ordering company and supplying company in Intercompany sales process.

Regards,

Vamsi P

[Former Member]

Company Code Delivering the Material:

1. PGI Stage

COGS - Dr

To Inventory - Cr

2. InterCompany Invoice

Intercompany - Dr

To Revenue - Cr

Company Code which received Sales Order & End Customer Billing:

3. 2nd Effect Entry in Billing Company Code's Books

COS A/c - Dr

To I/C - Cr

4. End Customer Invoice

End Customer - Dr

To Revenue - Cr

To Tax - Cr

Regards,

Rajesh Banka

[Former Member]

Thanks a lot Rajesh.

Vamsi. P