Intercompany posting error

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Posted on by Community Member Microsoft Employee

6765.Journal-Entry.png [View:/cfs-file/__key/communityserver-discussions-components-files/33/Posting-error-txt.txt]Hi,

We have two legal entities IN and I2, both are India localization companies. I created a general journal in I2 with the first line company being IN, consisting of a vendor (in IN), debiting the vendor with the offset company being I2.

The second line consists of the company being IN, consisting of a ledger (in IN), crediting the ledger with the offset company being I2.

When I try to post the journal, we are getting the attached stack trace error. Can someone help us out with this.

Regards,

Abhishek Tewary

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Financial Management

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ZvikaR 61 on at

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RE: Intercompany posting error

Your description describes only half of the voucher in ZCI2 so I cannot be sure what you want, but I will assume that the debit in ZCi2 supposed to go to the ledger account in the original journal.

If that's the case, my description 2 message above will do exactly that.

You need to make sure that in "Intercompany Posting" form you configure correctly, in both ZCI2 and ZCIN (assuming you're in 2012) the accounts 240000 due to/due from.
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Ludwig Reinhard Microsoft Employee on at

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RE: Intercompany posting error

Hello Abhishek Tewary,

I do not think that this is an localization issue.

I tested a similar kind of posting where I posted a voucher for INMF in a USMF general ledger journal.

Everything worked out after I setup the IC accounts between USMF and INMF.

I would suggest that you talk to a developer who can debug this issue because I do not believe that this is a localization issue.

Best regards,

Ludwig
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RE: Intercompany posting error

Hi Zvika,

Thanks for the guidelines. I created a journal entry and was able to get an intercompany transaction with the vendor in ZCIN and ledger 24000 in ZCI2. The transactions that we need are the following:

ZCIN:

Vendor

24000

Intercompany due to/from

ZCI2:

Intercompany due to /from

I suppose we can create a normal transaction in ZCIN for the vendor and 24000 entry and an intercompany entry consisting of ZCIN and ZCI2 for the remaining ones. Would there be any other way of achieving this?

Also, we are able to create an entry in line with the original transaction for US localization companies. Its only the issue with the Indian localization companies. Can you suggest something for the same?

Regards,

Abhishek Tewary
Community Member Microsoft Employee on at

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RE: Intercompany posting error

Hi Ludwig,

Thanks for the info and the links. We are currently on CU9 and able to post similar entries for US localization companies. We are facing the issue only for these two indian localization companies.

Regards,

Abhishek Tewary
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Ludwig Reinhard Microsoft Employee on at

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RE: Intercompany posting error

Hi Abhishek,

The posting you are trying to make should be possible in global general ledger journals that became available for Ax2012 with cu11.

Please see

mbs.microsoft.com/.../Whats_New_in_AX2012_R3_CU11.pdf

An example of how those journals work can be found here

community.dynamics.com/.../ax7-global-general-journal

This function has been backported from D365Fo

Best regards

Ludwig
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ZvikaR 61 on at

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RE: Intercompany posting error

You cannot in Dynamics go to company ZCI2 and record transaction for ZCIN.

If you want to record a transaction where the vendor is in ZCIN, and the offset account (ledger) is in ZCI2 you need to do the following:

1. create a journal in **ZCIN**

2. In journal lines, create a line with the vendor account

3. create a second line, selecting company ZCI2, and selecting the ledger account to post to in ZCI2

This will create an intercompany transaction from ZCIN to ZCI2, but the key thing the "vendor" line need to be in the *local* company.
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RE: Intercompany posting error

Hi Zvika,

In line with the link mentioned by yourself, we recorded the transaction in the intercompany journal. However, we are getting the same error while trying to post the same.

Regards,

Abhishek Tewary
Community Member Microsoft Employee on at

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RE: Intercompany posting error

Hi Zvika,

Ok Agreed. Can you let me know how do I go about resolving this error related to the ZCIN transaction?

Regards,

Abhishek Tewary
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ZvikaR 61 on at

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RE: Intercompany posting error

I am afraid you seem to not be clear about the functionality of inter-company in Dynamics.

what you have in your image is not an inter-company transaction but a simple transaction within ZCIN.

You can read this article about recording inter-company transactions, through the general journal form:

community.dynamics.com/.../intercompany-accounting-setup-and-process-in-microsoft-dynamics-ax-2012
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RE: Intercompany posting error

Hi Zvika,

I am not saying that this would consist of an intercompany journal. Its an intercompany transaction consisting of ZCIN and ZCI2 entered in a general journal. The voucher image is indeed the transaction that is required.

Secondly, it seems to be an issue with the vendor account. If instead of the vendor account, I select a ledger account i.e. simply a ledger transfer, I am able to post the journal.

Regards,

Abhishek Tewary