<< Click to Display Table of Contents >> Navigation:  Accounting > Intercompany journal entries

If there are current account relations between the various bookkeepings (e.g. between the holdings and subsidiaries) you can use CTRL+R to make an intercompany journal entry. If, for example, a payment of a purchase invoice is debited from the bank account of the holding, enter in the bank on the costs account. After saving, select the entry and press Ctrl+R:

 

Example:

A payment of a purchase-invoice is debited of the bank account of a holding.

Book this payment in the bankbook at the cost account and press CTRL+R

 

Choose the bookkeeping of the subsidiary. Then the costs account in the bank book of the holding is replaced by the current account of the subsidiary. In the meantime, in the bookkeeping of the subsidiary, in the memo daybook (entered at the current account data), a transfer is made from the current account of the holding to the costs account.