How do we utilize intercompany posting in Navision 2018?

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Posted on by joshtechsolutions

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Hi Community,

Recently, I realize we can do intercompany posting. I would like to find out:

1. When do you need intercompany posting?

2. How do you configure and set it up?

Thank you!

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Answers (2)

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RockwithNav 6,562 on at

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RE: How do we utilize intercompany posting in Navision 2018?

docs.microsoft.com/.../intercompany-how-setup
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Community Member Microsoft Employee on at

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RE: How do we utilize intercompany posting in Navision 2018?

Josh,

Intercompany is normally setup when a company has multiple companies (note the company does not have reside in the same database). You can setup, within each company, an IC Partner that would be a Customer and/or Vendor. Now if say Company A creates a PO the fact that the Vendor is an IC Partner, the PO will be sent from that Companies Intercompany Outbox and appear in Company B's Inbox as a Sales Order. When Company B post Ship-Invoice the SO, it will be sent to Company A and post off the PO.

The setups are simple and here is a manual to use. The setups from 2009 are the same and will allow you to complete and do some play testing.

NA2009_5F00_InterCompany.pdf

If you have more questions, reach out.

Thanks,

Steve
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YUN ZHU 74,036 Super User 2024 Season 2 on at

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RE: How do we utilize intercompany posting in Navision 2018?

Hi, hope the following will help.

https://navhelp110.fenwickcloud.com.au/main.aspx?lang=en&content=conAboutIntercompanyPostings.htm

About Intercompany Postings

Intercompany Postings is designed for users who control more than one legal business entity and have set up multiple companies to separate the accounting functions of each of these entities. This broad description applies to many users, especially those operating in international markets or regions with widely disparate business cultures and regulatory environments.

Your organization may consist of several companies, but might not have the equivalent number of accounting and administrative teams. Intercompany Postings lets you simplify and streamline business processes and transactions between all of these entities.

Once you implement Intercompany Postings, doing business with your subsidiary and internal partner organizations becomes as simple as engaging with your external vendors and customers. You enter intercompany transaction information only once in the appropriate documents. You can use the functionality you are already familiar with, such as receivables and payables management. Mapping facilities for the chart of accounts and dimensions help ensure that information appears in the right places.

There are four main benefits to Intercompany Postings:

Increased productivity as a result of time saved and simplified transactions

Minimized error potential with one-time entry of information and system-wide, automated updates

Complete audit trail and full visibility into business activities and transaction histories

Efficient, cost-effective transactions with affiliate and subsidiary companies

Other info about setup:

https://docs.microsoft.com/en-us/dynamics-nav-app/intercompany-how-setup

https://archerpoint.com/automated-intercompany-transactions-microsoft-dynamics-nav-2018/

https://navhelp110.fenwickcloud.com.au/main.aspx?lang=en&content=tskSetUpIntercompanyPostings.htm

Thanks.

ZHU