For period end accruals, accounting is created at material receipt or at delivery to a final destination.

For period end accruals, the invoice accounting debits the expense account and credits the liability account.

For perpetual accruals, the invoice accounting debits the accrual account and credits the liability account.

For period end accruals, the invoice accounting for inventory items debits receipt inventory and credits the uninvoiced receipts.

You must run the prepare Intercompany Reconciliation Reporting Information process.

The reconciliation period summary report will not show the intercompany receivables and intercompany payables lines generated for the provider and receiver of each intercompany transaction.

The reports will show the intercompany receivable and the intercompany payable lines generated by the intercompany balancing feature.

The reports will include Ledger balancing lines generated when the primary balancing segment value is in balance but either the secondbalancing segment or the third balancing segment is out of balance.

You can drill down on the links in the Period Summary report to view the balances by Intercompany Organization.

For the Legal Jurisdiction, Legal function: “Generate intercompany invoice” should be assigned.

Schedule create accounting for the intercompany process.

Supplier site primary pay flagand customer account bill to primary flag should be enabled.

Run the processes Create Intercompany transactions to Receivables and Create Intercompany transactions to Payables.

Run the processes Transfer Intercompany transactions to Receivables and Transfer Intercompany transactions to Payables.

Manual Approvals should be allowed for the transaction type.