Viewing inter company balance

This activity allows you to view inter company account balances available in finance books present in two different companies. You can select the company and the business unit where the finance book for which you want to view the balances exist.. You can select the currency and the usage of the accounts that you want to retrieve. You can also enter the date on which you want to view the account balances. The system retrieves the balances taking into consideration the date on which the current financial period begins. The system retrieves the account balance information like the code identifying the finance book, the code identifying the account, the account balance and details whether the balance has been debited or credited in the account.

Select the “View Inter Company Balance” link under the “Inter FB Reconciliation”.

The “View Inter Company Balance” page appears.

The system displays the following:

Source Company	The name identifying the source company.
Source Business Unit	The name identifying the business unit.

Enter the following fields:

Source Finance Book

Use the drop-down list box to select the code identifying the “Posting” finance book for which you want to view the account balances.

Note: If “Allow Inter FB Recon across Finance Book” has been set to “Yes” in the “Set Function Defaults” activity, all the “Posting” finance books that have been defined for the company will be available for selection in the ascending order. If “Allow Inter FB Recon across Finance Book” has been set to “No”, all the “Posting” finance books that have been mapped to the login organization unit will be available for selection in the ascending order.

Destination Company	Use the drop-down list box to select the company in which the finance book that is to be reconciled is available. All the companies to which the “Inter Company” accounts in the selected “Posting” finance book have been mapped in the “Account Rule Definition” business component will be available for selection in the ascending order.
Destination Business Unit	Use the drop-down list box to select the business unit in which the “Posting” finance book is available. All the business units that have been defined for the selected company will be available for selection in the ascending order.
Destination Finance Book	Use the drop-down list box to select the code identifying the “Posting” finance book that has to be reconciled. All the finance books that have been mapped to the business unit selected in the “Destination Business Unit” field will be available for selection in the ascending order.
Currency	Use the drop-down list box to select the code identifying the currency. All the currencies that have been mapped to the login company as permitted currencies will be available for selection in the ascending order. The system displays the base currency by default at the launch of the page.
Usage	Use the drop-down list box to select inter-posting finance book usage. You can select from ““Supplier”, “Customer” or “Inter Company”.
As on Date	The date on which you want to view the reconciled account balances (Date Format). Mandatory. The date entered in this field must be a valid date in an “Open” financial year. The system date is displayed by default at the launch of the page.

Click the “Get” pushbutton to retrieve the account balance information.

The system displays the following in the “Account Balance Information” multiline based on the search criteria entered:

Note: The account balances of the source finance book will be displayed in the odd rows of the multiline and account balance of the destination finance book will be displayed in the even rows of the multiline.

Finance Book	The code identifying the finance book.
Inter Company Account Code	The code identifying the account.
Account Description	The textual description of the account.
Currency	The code identifying the currency.
Account Balance	The balance in the account as on the date entered in the “As on Date” field.

Note: The system arrives at this balance by taking into account the opening balance of the current financial year and the transactions till the date on which you want to view the balances.

Dr / Cr

Indicates whether the balance has been debited (“Dr”) or credited (“Cr”) in the account.