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Client has 3 legal entities - A, B, C. Entity A remits all vendor payments on behalf of B and C. Vendor is setup exactly alike in all 3 entities.
For payments made on behalf of entity B, invoice detail can be seen for those payments in A.
For payments made on behalf of entity C, invoice detail cannot be seen for those payments in A.
All the setup looks the same in both B and C. Why can I not see the invoice detail for entity C in paid from entity A?
Also, for payments made on behalf of entity B, the voucher credits cash and debits A/P.
For payments made on behalf of entity C, the payment voucher credits an intercompany account and debits A/P.
I cannot find where the intercompany account is originating on the payment voucher for entity C.
Any ideas? It's not at the vendor posting profile - there are no default accounts set there.
Thanks! Frank
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Thank you Ludwig and Pranav - the Party ID in fact was this issue. The vendor had been setup with a slight difference in the Name between the companies.
Hi Frank, Party id is the field system uses to know which vendor are same across different entities. If you update the party id in the C entity, the problem should be resolved.
Pranav
Hello Frank,
Probably check the following steps for setting up centralized payments
a. Organizational hierarchies for centralized payments setup?
b. Intercompany accounting in GL setup?
c. Are the companies mapped in the global address book meaning that they share the same Party ID?
d. Are your currencies / posting profiles / methods of payments are all Setup identically in the different companies meaning that they share the same Name + id?
Hope this helps,
Ludwig
Pranav, party ID for the vendor is the same in A & B, but different in C. How does that affect this scenario?
Thanks, Frank
Hi Frank,
Can you check if the party id for the vendor is same in all the 3 entities?
Thanks,
Pranav
Yes, intercompany is setup in all entities.
Hello Frank,
Have you setup the Intercompany accounts for your companies in GL?
Ludwig
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