Interbranch Invoices Without Balancing: General Information

If a company consists of multiple branches, it may have invoices whose lines include goods or services that multiple branches of the company have provided to the customer. If branches use centralized accounting—that is, the With Branches Not Requiring Balancing type is selected on the Companies (CS101500) form—you can enter invoices without configuration of additional balancing entries.

When you enter an interbranch invoice on the Invoices and Memos (AR301000) form, you perform the same steps as you do when you add an invoice that involves only one branch, except that you specify the branch that earned the income for each line of the invoice in addition to specifying the originating branch for the invoice on the Financial tab. For details on creating an invoice, see AR Invoices: General Information.

Learning Objectives

In this chapter, you will learn how to do the following:

• Process an invoice between branches that do not require balancing
• Review the balances of accounts involved in transactions

Applicable Scenarios

You create interbranch invoices if one branch bills a customer for goods or services provided by another branch or multiple branches of your company.