Hello,
We are facing issue for Intercompany daily Journal. Dynamics 365 F&O does not reverse exact same general journal entry when using the Reversal entry and Reversal date functionality. Mainly issue is getting created due to Intercompany Posting Profile.
For Example, Company A wants to allocate expense from GL 73330 of $100 to Company B in the month of April 21 and it should be reversed on the 1st day of the next month.
Original Entry posted to general journal for Source Company -
Entry Description | Dr. | Cr. |
I/C Receivable Account (IC Posting profile) | 100 | |
Expense GL 73330 | 100 |
Reversal Entry for Source Company -
Entry Description | Dr. | Cr. |
I/C Payable Account (IC Posting profile) | 100 | |
Expense GL 73330 | 100 |
My Main Issue is with Reversal entry whereby I/C Receivable Account should have been credited instead of I/C Payable Account. and Same kind of reversal effect should have been given for destination company as well.
Is there any way to handle this situation ?