what is an intercompany trading balance
Intercompany Trading: This is âbusiness as usualâ trading between subsidiaries using standard P2P and O2C processes but specific intercompany accounts, with liabilities recorded in Accounts Payable or debts being recorded in Accounts Receivable.Extract Intercompany Transactions: Transactions are extracted from the subsidiary ledgers and posted to the solution. Pain Point: It is unlikely that one method of sharing transactions will suit all subsidiaries due to size, volume, local regulations, and the like.