You are defining intercompany balancing rules that are applied to a specific source and category, such as payables and invoices, or a specific intercompany transaction type, such as Intercompany…

Question

Options

• AYou must define rules for every combination of specific categories and sources. Otherwise,
• BYou can create a rule for all sources and categories by selecting the source "Other" and the
• CIf you choose to have rules at various levels, then intercompany balancing evaluates the rules in
• DSet up a chart of accounts rule for every chart of accounts structure you have in order to

• A
  3% (1)
• B
  86% (25)
• C
  10% (3)

Explanation

You can define rules that are applied to a specific source and category, such as Payables and Invoices, or a specific intercompany transaction type, such as Intercompany Sales. Alternatively, you can choose to create rules for all sources and categories by selecting the source of Other and the category of Other. You can have a more complex structure and define multiple rules between pairs of ledgers, legal entities, or primary balancing segment values. If you choose to have rules at various levels, then intercompany balancing evaluates the rules in the following order. 1. Primary balancing segment rules 2. Legal entity level rules 3. Ledger level rules 4. Chart of accounts rules It is therefore recommended that you set up a chart of accounts rule for every chart of accounts structure you have. This will ensure that Intercompany Balancing will always find a rule to use to generate balancing

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