InterCompany Payment

Question

Can any one please explain me the business steps involved in case of Company A Purchases and Company Z Makes the payments?  What will be the sequence of activities?
Company A - Procures
Thanks / Any links are also welcome - I searched the SDN and google unable to locate the Cross Company Procurement / Payment Process flow.

Answer 1

Hi
As per you question ,mentioned requirement can be achived as mentioned below
Company A
Step 1:- Goods purchases in Company Code (A)
In the books of Company A
Purchase A/C....Dr  1000
   To Venor (B)                1000
Step 2 :- Payment to Vendor (B) from company code (Z)
In the Books Company Z
Receivable from A(Company Code)..Dr1000
   To Bank A/c                                        1000
In the Books of Company A
Vendor a/c .. Dr                   1000
    To Payable to Z(Company Code)  1000
a) Create two G/L accounts Receivable from A(Company Code). under current Asset .in company Code (Z) and  Payable to Z(Company Code) under Current Liability  in company code A
b)Above mentioned scenarios (Step-2) can be achived through TCode :OBYA give the reqiured settings  here
C) then make the payment  through TCode :F-02 Select the company code Z and posting key (50) Select the Required bank there
then for second line item select posting Key(25) select the vendor  and select the company code A then simulate the same
then you will get the accounting entries mentioned in step 2 above
Regards
Praveen P C