Accounts Receivable
Enhancements to inter-entity bill back
Inter-entity bill back accurately records transactions between two entities in the same organization. When one entity sells goods or services to another, the receiving entity automatically gets a bill to process and pay. This ensures both sides of the transaction are recorded correctly.
Entity-level transactions are now supported
Streamline your inter-entity accounting when your organization transacts at the entity level only. You can now record bill back transactions in the specific entities.
With this enhancement:
- Post invoices for bill back in the respective entity.
- View the resulting bill back transaction details when you select the Record generator ID link in the invoice.
How it works
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Complete this form to get inter-entity bill back for entity-level transactions turned on for your organization.
You'll be notified after it's turned on.
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Create invoices at the entity level.
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Select the bill back options for the invoice.
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After posting, the system creates a corresponding bill for the entity that's associated with the customer on the invoice.
Changes to editable fields
Now when an invoice is used for inter-entity bill back, you cannot edit the following fields after posting:
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Account
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Transaction amount
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Base amount
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Allocation
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Department
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Location
This helps ensure that the data from the invoice stays in alignment with the corresponding inter-entity bill.
Permissions and other requirements
| Subscription |
Accounts Payable Accounts Receivable |
|---|---|
| Regional availability |
All regions |
| User type |
Business |
| Permissions |
Set up inter-entity bill back
Administration
Accounts Receivable
Company
Use inter-entity bill back
Accounts Payable
Accounts Receivable
|
| Configuration |
Enable inter-entity bill back is selected on the Configure Accounts Receivable page. |
| Restrictions |
|
