Hi,
We are creating a new legal entity. So when the entity CAD sells to entity US trough a Sales Order, an Inter-co Purchase Order is automatically created (due to the trading relationship set up). All is working fine, I am wondering if the inter-co setup could allow an inter-co invoices settlement.
Here is the process:
SO created from the primary entity CAD to push the inventory to the new entity US.
SO Pick/Pack/Ship/Invoice.
This creates an open Invoice 123 for customer US (in CAD company)
PO: Confirm/Receive/Invoice.
This creates an open Invoice 123 for Vendor CAD (in US company) (note the same invoice number is populated from both side.
To pay the vendor invoice, US company creates a payment journal, before to post the payment, I settled this payment to the open Invoice, when posted, the open invoice is no longer in the vendor aging.
Question.
We have to do the same process, in the AR side, Create a payment journal and settle payment against the open invoice. Is there a way that the AR invoice could be automatically settled after the AP are settled since they are the same.
Thank you !
Kamel Sadek.
