Internal reconciliations
From Marathon Documentation
Contents
Reconciliation between companies
Accounting/Reports/Reconciliation between companies
The function is for reconciling internal transactions. You can for example see if an invoice that has been sent from company A is in company B and if the remaining amount is the same. You can also see payables and receivables between companies, entered on special balance sheet accounts.
The following preparations are necessary:
| 1. | Check "Show in Intercompany reconciliation" for the company in Base registers/General/Companies under the tab Other. |
|---|---|
| 2. | Mark clients and suppliers with Counterpart in Base registers/SL/Clients and in Basre registers/PL/Suppliers. As an example, supplier A in company B and C shall be marked with Counterpart A. |
| 3. | If internal transactions shall be reconciled, also balance sheet accounts shall b marked with counterpart. |
When reconciling, one of the companies is entered as Company From A and the other as Counterpart B. Currency must be domestic. It is not important which company is entered where and in which company you are in when reconciling.
If there are discrepancies in the upcoming list, ypu can open a row and check where the discrepancies are.
