Interbranch Bills Without Balancing: General Information

If a company consists of multiple branches, it may have bills that involve multiple branches of the company for the purchase of goods or services from the specified vendor. If branches use centralized accounting—that is, the With Branches Not Requiring Balancing type is selected on the Companies (CS101500) form—you can enter bills without configuration of additional balancing entries.

When you enter an interbranch bill on the Bills and Adjustments (AP301000) form, you perform the same steps as you do when you add a bill that involves only one branch, except that you need to specify the branch that incurs the expenses for each line of the bill in addition to specifying the originating branch for the bill on the Financial tab. For details on creating a bill, see AP Bills: General Information.

Learning Objectives

You will learn how to do the following:

• Process a bill between branches that do not require balancing
• Review the balances of accounts involved in the transaction

Applicable Scenarios

You create interbranch bills in the following cases:

• If one branch purchases goods for this branch and for other branches of the company
• If one branch purchases services for this branch and for other branches of the company