Process Overview - Project Control- Intercompany (4AU)
In this scenario, intercompany processes for EPPM projects are depicted. This involves intercompany postings, creation of intercompany invoices, and simultaneous posting of intercompany invoice to the accounts payables of the ordering company.
A company has an affiliate company. The affiliate company delivers a service to the ordering company in the course of a project. The affiliate company posts expenses and records time on the project. These expenses are transformed into debit memo requests. An intercompany invoice with reference to the debit memo request is created by the delivering company. The intercompany invoice is posted automatically also to the accounts payables of the ordering company.
Benefits
Automate the intercompany process in EPPM projects
Perform margin analysis
Key Process Steps
The key process steps of Project Control- Intercompany (4AU) include:
Create/release EPPM project
Post intercompany expenses
Post intercompany time recording
Maintain intercompany sales order
Generate intercompany billing
