Intercompany posting in RE-FX
Hi RE Experts,
I need to do intercompany posting via RE-FX, I used internal partner as a solution anyhow no tax calculated and no invoice produced. When checking the RERAIV program it shown that contract category 1 and 2 does not produce any invoice. hence this solution does not meet the requirement.
This is what I need to do, there are 2 companies 0298 and 0003. 0003 is 0298’s customer and occupying the building.
The posting would be like this;
Dr Customer 779* xxxx
Cr Rental Revenue xxxx
Dr Rental Expense xxxx
Cr Vendor 772* xxxx
Now am trying to use External Contract to generate the invoice and tax but no to avail due to failed in posting RERAPP. Who knows is it workable via this contract type for intercompany posting????