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Generate Allocations (01.580.00) - Intercompany - Account is not found

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Trying to generate intercompany allocations and keep getting this error for the destination intercompany account.

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Processing: Batch: '005787' , Group ID: 'BCADEE'
System Message 6003: Warning - Account: '47400' is not found.

System Message 6127: Error occurred during an abortable transaction. Processing will continue.
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When I set up the group 'BCADEE' in the allocation group maintenance, the company and account pull up as options and are saved, but when I go to actually process the allocation, it doesn't take.

Any ideas? Does this module work with intercompany?

Thanks

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