Skip to main content

Advanced Planning & Scheduling

BI & Analytics

Document Management

EDI & High-Performance Logistics

Workflow Management

Inter-Company Transactions

abas inter-company functionality enables the automated flow of transactions between one company of an entity and another company of the same entity. While these transactions can occur for a variety of reasons, they often occur as a result of the normal business relationships that exist between these companies.

Download the abas ERP product brochure
gray
Inter-company transactions with abas ERP

Benefits

Automate transactions:
Allows for an automated exchange of financial transactions to occur between two separate companies of the same entity.
Streamline costs:
Optimizes your financial inventory and costs based on changes in supply and demand.
Easy data replication:
Automatically syncs financial transactions from one company to the other.
50_50

Easy inventory transactions and eliminations

Inter-company transactions between organizations typically enable the sale/purchase of inventory among the companies to take advantage of changes in demand and supply across locations, and optimize inventory and costs. An inter-company transaction in abas is recognized in the financial records of both units of the entity as if it were an arm’s-length transaction with an unrelated party.

abas also provides for inter-company eliminations, the removal of transactions between companies that were included in a group during the preparation of consolidated accounts. The process of inter-company elimination is helpful in managing eliminations of operations among companies within a single group. Inter-company eliminations encourage and establish controls in multifaceted corporate environments.

inter company transactions from the finance dashboard
70_30
70_30
Inter-company EDI





Centralized Services

Inter-company transactions can also include centralized services for accounts receivable, accounts payable, allocation of overheads and other support costs.

50_50
50_50
50_50
white
50_50
50_50
50_50
50_50
50_50
50_50

Contact

The information contained here is strictly confidential and will only be used by abas Software AG and the abas software partners in accordance with our data protection policy.

Wir versichern Ihnen, dass die Angaben streng vertraulich und nur von der abas Software AG sowie den abas Software Partnern genutzt werden gemäß unserer Datenschutzerklärung.