Intercompany Posting in S4H Cloud

Hi,

In this blog post, I will try to show how to do setting for Inter company Posting and Scenario to depict the same in S/4Hana Cloud.

Introduction:

Intercompany postings (also called cross-company code transactions) occur in the system when a single transaction is posted to one or more company codes (this must occur on separate line items). For these postings, an intercompany clearing (payable/receivable) account must be maintained.

When the user do the Intercompany Posting then 2 Journal Entry get created and 1 Intercompany Journal entry get created which can be seen in app “Display Journal Entries cross-company code”

In This Example we have already taken two company code 1010, 1710.

Checking Whether Document type allows the cross company or Intercompany Postings using SSCUI apps.

Configuration 1: Check the Inter-company Posting in Define Document Type

Open the app as below. Finance-> General Ledger-> Journal entries

Double Click on SA document type.

Check the checkbox of inter-company posting and click on save.

Configuration 2: Prepare the Inter-company Transactions

Open app Automatic Account determination. Finance-> General Ledger -> Chart of Accounts

Provide the following details.

Example for Posting In SA Document type.

Now Post the general journal entry.

Display the Journal entry. You will observe there are two journal entry got created and one Inter-company JE.

Copy the Inter-company transaction number and go to app Display Journal Entries cross-company code.

Hope this document helps.

Best Regards

Nitika Soni