Automate Inter-Company Transactions – Architecture

Hi All, I have this question quite a lot in Asia, mostly because there you probably have a big company already if you explore the ERP options. Many medium/big companies in Asia have multiple locations, multiple offices, multiple legal entities in multiple countries. This comes to the point where you have to do some inter-company transactions that affects multiple companies. Inter-Company Transaction Inter-company accounting is the process of recording financial transactions between different legal entities within the same parent company You can classify inter-company transactions in 2 types: One transaction that hits multiple companies. For example when you pay rent from one company to multiple others. This transactions can be… Read more