E1: 09: Intercompany Statement of Accounts (Doc ID 2270777.1)

Last updated on MAY 26, 2017

Applies to:

JD Edwards EnterpriseOne General Ledger - Version 8.12 and later
Information in this document applies to any platform.

Symptoms

Tax and local authorities are requiring that the intercompany accounts be reconciled and have the details to support the intercompany account balance.
They are looking for transactions that are: Not of Fair Market Value and Arm's Length Agreement. What is need is a Statement of Accounts similar to an Accounts Receivables statement that will list the transactions including any unrealized journal entries to support the balance.

Cause

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