Ryan Muller
Clear G/L Accounts across company codes
Ryan Muller · almost 2 years ago · Question
Answered
Ryan Muller

We've encountered a head scratcher during our closing process and attempts to clear the two related journal entries below utilizing the Clear G/L Accounts app.

JE 1 for company code 1753 looks like this:

GL Account Debit Credit Trading Partner
11001040 (Bank 1 - Deposit/Transfer Acct) $50,000 USD    
21300000 (Intercompany Payable)   $50,000 USD 1720

JE 2 for company code 1720 looks like this:

GL Account Debit Credit Trading Partner
12300000 (Intercompany Receivable) $50,000 USD   1753
11004040 (Bank 2 - Deposit/Transfer Acct)   $50,000 USD  

We're getting an error that the Intercompany Account in company code 1753 cannot be directly posted to when we select these related JE's together to clear. How should we be clearing these items?

Thanks!

Ryan

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