For any company with multiple business units or subsidiaries, we have multiple branches function which allocates transactions to a branch using user defaults, and the users can then run accounting and financial reports per branch. But multiple branch only covers simple functions. For example, multiple branches cannot handle different Business Processes and Industries or cross Localization. The intercompany integration solution can.
The key functionality of intercompany integration solution includes:
- Master data replication and content sharing
The intercompany solution supports the replication of essential master data across partner companies such as Freight Master, Currency Master, Payment Terms, Item Master Data, Business Partner Master Data, etc.
- Support for standardized, transparent processes across business entities
The Intercompany integration solution automatically creates an intercompany transaction as a reciprocal transaction in the SAP Business One application of another business unit and does so in a standardized and transparent manner.
- Financial and operational visibility across business entities
Operational visibility and risk management are key considerations for any business with multiple operational units. The Intercompany integration solution for SAP Business One helps a company meet these requirements by providing multilevel financial consolidation, consolidated trial balance, consolidated profit and loss statement, consolidated balance sheet, branch inventory in warehouse report, and branch balances report.
- Control and collaboration across business entities
Each organization also needs control over activities that impact it from the time those activities originate in other business entities. The intercompany integration solution for SAP Business One enables control and collaboration by providing consolidated credit limit check, intercompany workflow and business transaction notifications.
A more complete treatment of the intercompany solution can be found in the brochure below. Please do not hesitate to contact with us if you need more information.