Hi Martinus
Let us take a live example In company A - Holding 50% share in Company B A gives Advance of Rs 50000 to B In the Books of A - Shows Advance to B Rs 50000 on the Asset side -Current Assets - Debit Balance In the Books of B - Unsecured Loan from A Rs 50000 on the Liability side under - Unsecured loan - Credit Balance I may keep both the account as seprate and identify and label them as Advance to Inter company and Unsecured Loan from Inter company. How will axapta knock this off in consolidation? Regards Rupal Panchal. _____ From: Axapta-Knowledge-Village@yahoogroups.com [mailto:[EMAIL PROTECTED] On Behalf Of MARTINUS GETTY SANTIKA Sent: 12 October 2007 21:00 To: Axapta-Knowledge-Village@yahoogroups.com Subject: Re: [Axapta-Knowledge-Village] Intercompany Hi Rupal, If you want to knock off account in consolidation company, it only matter how you do mapping account between consolidation company and subsidiaries company. As i can suggest you, please setup gl account for all subsidiaries as same as possible in consolidation company in order to reduce complicated setting. regards, Martinus ----- Original Message ---- From: Rupal Panchal <[EMAIL PROTECTED] <mailto:rpanchal%40nimbus.co.in> co.in> To: Axapta-Knowledge- <mailto:Axapta-Knowledge-Village%40yahoogroups.com> [EMAIL PROTECTED] Sent: Friday, 12 October, 2007 8:13:43 AM Subject: [Axapta-Knowledge-Village] Intercompany Hi All, AX inter company is based on consolidating all the in items based on Equity shares held. However this is not so simple, In IC what is required is the transaction getting knocked off on consolidation. Further if not then in the consolidated company journal need to be configured for knocking off . Please send your comments Regards, Rupal Panchal [Non-text portions of this message have been removed] __________________________________________________________ Want ideas for reducing your carbon footprint? Visit Yahoo! For Good http://uk.promotion <http://uk.promotions.yahoo.com/forgood/environment.html> s.yahoo.com/forgood/environment.html [Non-text portions of this message have been removed] [Non-text portions of this message have been removed]
