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#Sap movement type for intercompany transactions how to#
#Sap movement type for intercompany transactions manual#

Refer image below.Īt any given time, you can check the consolidation hierarchy setup in the system by clicking the consolidation hierarchy button available in the intercompany landscape.ģ. To achieve this, define consolidation percentage as 70 against the ORG-CON (Organization Consolidation) Consolidation company and 30 against the GROUP-CON (Group Consolidation) Consolidation company in landscape. 30 % consolidation in Group consolidation and 70% in to Organization consolidation. ACME Texas company is consolidating in to both consolidation companies i.e.To achieve this define consolidation percentage as 100 against the ORG-CON (Organization Consolidation) Consolidation company in landscape. ACME California company is consolidating in to Organization consolidation company.

#Sap movement type for intercompany transactions how to#

ACME Texas (70%), ACME California (100%), ACME New York (100%) and Group Consolidation (100%) is further consolidating in to organization consolidation Company.įrom the above example, let’s discuss how to setup ACME California and ACME Texas branch companies for multilevel consolidation.įirst, user needs to set up two additional companies in SAP Business One – Group Consolidation and Organization Consolidation, one for every level of consolidation and define the consolidation percentage and consolidation source against the company to which Branch Company is consolidating. In the example shown above, you can see that ACME RIO (100%), ACME SAO (100%) and ACME Texas (30%) is consolidating in to the Group Consolidation company. The structure of the hierarchy depends on the business scenario. Account balances can be rolled up to a group level within the consolidation hierarchy There is no limit to the number of companies you can consolidate. Intercompany Solution allows for reporting at any of the level keeping in consideration the minority interests of the participating companies. Multi-level consolidation hierarchy can be setup based on the organizational structure. How to setup Multi-Level financial consolidation In this case, system assumes that the system currency of Branch Company is same as the local currency of Consolidation Company.ĭepending on reporting requirement, user can set the consolidation source in the landscape for the branch Company.Ģ.

If you choose System Currency in the company details for a branch company, the system picks the value from the debit (SC) and credit (SC) of journal entry from the branch company and defaults the value in consolidation company debit (LC) and credit (LC) fields of journal entry.

If Branch Company and Consolidation Company have different local currencies, the application applies the exchange rates based on translation method applicable to G/L accounts in the branch company.

If you choose local currency in the company details for a branch company, the system picks the value from the debit (LC) and credit (LC) of journal entry from the branch company and defaults the value in consolidation company debit (LC) and credit (LC) fields of journal entry.

The consolidation source field in the landscape indicates whether the financial data for consolidation is retrieved from the branch company in the company’s local currency or in its system currency. When to choose consolidation source as local currency or system currency in Intercompany Landscape.

How to filter reports by Branch and Group Codeġ.

How to find the sales type Intercompany transactions that need to be eliminated from the Consolidation Company.

#Sap movement type for intercompany transactions manual#

Manual and Automatic Consolidation Process.When are exchange rate gain or loss accounts triggered during the consolidation processes.Usage of consolidation translation method.How to setup Multi-Level financial consolidation.When to choose consolidation source as Local Currency or System Currency in Intercompany Landscape.In this article, we are covering following broad sections on financial consolidation process: The new “consolidation” company is used only for financial consolidation reporting. User need to set up additional companies in SAP Business One, one per level of consolidation. The Intercompany consolidation feature broadly makes use of the base SAP Business One functionality to present the consolidated financial statements. Intercompany Solution provides in-depth insight in to consolidated financial data across the organization without intensive manual reconciliation or duplicate data entry. The corporate financial controller needs an accurate and timely rollup of GL accounts for financial consolidation. Operational visibility and risk management are key considerations for any business with multiple operational units.