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Dynamics 365 Community / Forums / Small and medium business | Business Central, N... / Centralized Payments a...
Small and medium business | Business Central, N...
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Centralized Payments and Expense Allocation in Business Central Online

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Posted on by haroonattari 2,336
Hi Everyone,
 
I would appreciate it if anyone could confirm the following regarding Business Central Online:
 
1. Does BC Online support centralized vendor payments, allowing the parent company to pay vendors of its subsidiary or sister companies?
2. Does BC Online support receiving payments from a subsidiary or sister company's customer via the parent company?
3. Does BC Online support allocating expenses from a shared invoice for a service between the parent company (50%) and two subsidiary or sister companies (25% each)?
 
Thanks in advance for your insights!
 
Best regards
Categories:
Dynamics 365 Business Central
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  • Suggested answer
    OussamaSabbouh Profile Picture
    OussamaSabbouh 1,801 on at
    Centralized Payments and Expense Allocation in Business Central Online
    Hello,
     
    All three scenarios are supported in Business Central through Intercompany Posting:
     
    1.  Centralized Vendor Payments – Parent company can pay vendor invoices of subsidiaries using intercompany vendors/customers, with automatic due-to/due-from entries.
     
     
    2. Receiving Payments for Subsidiary Customers – Parent company can receive payments on behalf of subsidiaries via intercompany customers.
     
     
    3. Allocating Shared Expenses – Shared costs (e.g., 50%/25%/25%) can be split using Intercompany General Journals or Purchase Invoices with intercompany partner codes.
     
    Regards,
    Oussama Sabbouh

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