What do you understand by Intercompany Settlement ?5
1022 5b5cc6d8e4d2b4197774e77d
Q: What do you understand by Intercompany Settlement ?
- Show Answer
- Workspace
- Discuss
Answer :
Explanation :
A company may also have various company codes across the different locations. There will be exchange of services between these company codes. These goods and services which are shared or exchanged between these company codes are bring to terms during the month end process. The exchange difference has to be settled by a company code in the way of money transfer. This process is known as Intercompany Settlement.