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ERP Software für Konzernrechnungslegung abas ERP

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.

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Intercompany Transactions

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.

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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
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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.

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+43 1 319 15 19
+49 721 96 72 30
703-444-2500
+38 061 21 37 855
+420 241 931 544
+31 (0)85 3033 555
+421 903 717 980
+55 - 11 5054 - 5500
+852-2793-3317
+91 77559 04373
+62 (21) 293 19 366
+603-56124999
++94 76 666 9070
+66 81 6297375
+359 2 423 61 56

Contact

Your consent can be withdrawn at any time by sending an email to [email protected] . We assure you that we will treat this information as strictly confidential and that it will be used by abas Software GmbH and abas partners only (privacy policy).

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abas Australia

+61 3 8412 4444
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263 Mary St.
Richmond Victoria 3121