SAP S/4 HANA 1909 Self Learning Video Courses

In this blog, we will understand what is Cross Company Code Posting & how to use Cross Company Code Posting functionality in SAP. In Cross Company Code transactions more than 2 company codes are involved. In this type of transactions one company code perform activities on the behalf of another company code. Example: Let assume Company Code SF01 booking Vendor Invoices on behalf of Company code ABCS. This will generate Accounting entries as follows: Expenses A/c ……. DR ABCS To Accounts Payable … CR SF01 In the above posting, Debit & Credit line item are not becoming Zero balance for both companies hence we need to create Intercompany Receivables & Intercompany Payables GLs and assign in transaction OBYA 2008 GL code created as Intercompany Receivables in company code SF01 & 900501 GL code created as Intercompany Payables in company code ABCS In our example, Expenses are related to ABCS company code hence payable liability will generate in Company Code ABCS hence Intercom