R12 incorporates a new legal entity structure to track intercompany transactions at a very detailed level. Thomas Simkiss from BizTech will discuss the set up required for the several types of Inter/Intra company accounting and walk through transactions to review the accounting for each.
Learning Objectives: After completion of this program you will be able to:
- Objective 1: Define the different types of intercompany accounting.
- Objective 2: Explain the functional setup steps required for the different types of intercompany accounting.
- Objective 3: Understand the importance of legal entities in R12.