Treasury Company – Intercompany Vendor Payments in Intercompany Solution

Treasury Company – Intercompany Vendor Payments in Intercompany Solution


A company marked as Treasury Company in General Settings (Administration ->Setup->Intercompany->General Settings) can perform the vendor payments on behalf of subsidiary companies.

In Treasury company, user can load  the vendor invoices from all the subsidiary company and perform the payment against the invoice.

Note

Only A/P Invoices of global vendors can be pull from the branch companies.

Window Enhancements

A new window, Intercompany Vendor Payment, has been introduced in SAP Business One to load A/P invoices from other branch companies.

To display the Intercompany Vendor Payment window, in the SAP Business One Main Menu, choose Banking → Outgoing Payments → Intercompany Vendor Payment.


Intercompany Vendor Payment window

Field

Description

Vendor code

Select the vendor code whose invoices should be displayed. Press the TAB key in this field and from the Choose from List window select the vendor code.

Vendor Name

Displays the vendor name.

Load Invoice

To display the vendor invoices, choose Load Invoice.

Select

Select the check box against the invoice to whom you want to make the payment.

Document Entry

Displays the document entry of the A/P Invoice

Document Number

Displays the document number of the A/P Invoice

Installment

Displays the installment number of the A/P Invoice.

Date

Displays the document date of the A/P invoice.

Due Date

Displays the due date of the A/P invoice as seen in the Outgoing Payment window.

Currency Code

Displays the document currency of the A/P invoice.

Total

Displays the document total.

Balance Due

Displays the balance due of the A/P Invoice.

Receiver Branch Id/Name

Displays the branch code and name used in A/P Invoice.

IC Branch Code

Displays the Intercompany Branch code of the A/P Invoice.

Project

Select the project code. 

Project

If required, specify a project for the selected row.

Distr. Rule

If required, specify a distribution rule for the selected row.

Dimension 

Choose distribution rules for the dimensions.

Pay to Vendor

To perform the payment against the invoice, Choose Pay to Vendor.


Sample Transaction Flow



Executing Treasury Company Transactions

To make the payment against the invoice of another branch company, perform the following steps:

Step

Company BR001 – Process

Company BR002 – Process

1

Display the Intercompany Vendor Payment window. 

To display the Intercompany Vendor Payment window, in the SAP Business One Main Menu, choose Banking → Outgoing Payments → Intercompany Vendor Payment.


2

In the Vendor Code field, specify the vendor code for which A/P Invoices to be load.


3

Choose Load Invoice button.


4

From the matrix, choose the A/P Invoice that need to be paid.


5

Choose the Pay To Vendor button.

A journal entry is created in the company with remarks **TreasuryJournalEntry**


6


A journal entry is automatically created in Company BR002 to reconcile the A/P Invoice.

7

Outgoing Payment window appears. Post the outgoing payment against the treasury journal entry.




    • Related Articles

    • Centralized Payments in Intercompany Solution

      The Centralized Payments feature enables branch companies to delegate to other branch companies the task of making outgoing payments on their behalf. For example, the head office company could make vendor payments centrally on behalf of its ...

    • General Settings of Intercompany Solution

      This window enables you to define general settings for the Intercompany Integration Solution. In SAP Business One Main Menu, choose Administration → Setup → Intercompany → General Settings. General Settings Window Default Status for Marketing ...

    • Vendor Group Control Accounts Setup of Intercompany Solution

      This window enables you to define the account payable control accounts and distribution template code for each vendor group defined in the system.  When replicating vendor master data, the Intercompany Integration Solution determines the control ...

    • Messaging Setup of Intercompany Solution

      This window enables you to define the mail server settings for email notifications. The details in this setup are used to send email notifications to the users of the receiver company based on the contact person setup, that is – the system sends the ...

    • Intercompany Integration Solution for SAP Business One

      Growing organizations that control more than one legal business entity are sometimes faced with the challenge of how to share data between partner companies.  The Intercompany Integration Solution for SAP Business One enables businesses running SAP ...