Transfer from an amount from an account in one company to an account in another

  • UglyKidJoe
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UglyKidJoe created the topic: Transfer from an amount from an account in one company to an account in another

Hi all,

Would anyone know which part of the user guide explains how to do a transfer from an account in one company to an account in another company in a multi-company setup.

My apologies but I could not find anything after hours of searching. Presumably it is possible with the FUNDS.TRANSFER module? Just inputting an account from another company would throw the error "INVALID BRANCH CODE FOR COMPANY:000"

I have an ACCOUNT.CLASS record for INTERCO (Interco Multi Company), but how is it invoked?

Any advice would be much appreciated, thanks
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  • VK
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VK replied the topic: Transfer from an amount from an account in one company to an account in another

Hi

Yes FT would be OK.
you need to open inter-company accounts in both companies and create 2 FTs - in company 1 debit your account, credit inter-company one. In company 2 - vice-versa.

Might be some other way but I'm not aware about that.

Cheers
VK
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UglyKidJoe replied the topic: Transfer from an amount from an account in one company to an account in another

Thank you for the quick response VK. Makes perfect sense :)
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UglyKidJoe replied the topic: Transfer from an amount from an account in one company to an account in another

Guys I'm looking for one more piece of advice on this topic.

In ACCOUNT.CLASS the system defaults the INTERCO RECORD.TYPE to ACCOUNT. Seems like this is hard coded in core. I cannot add a further category in the multivalue sets.

Has anyone got a workaround for this? What I'm trying to achieve is to post intercompany transactions to various categories.

I see you can add a user ACCOUNT.CLASS record and define it as a type CLASS, then add whatever category codes you want. Has anyone implemented such a solution and does it reflect correctly in the CRF?

Thanks in advance for any thoughts.
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