Concept: Invoices for Direct Intercompany Transactions
Direct Intercompany Transactions
You can generate customer or supplier invoices in Workday for direct intercompany
transactions. After you configure companies as customers, suppliers, or both, you
can view the related customer or supplier invoice and process direct intercompany
payments. These actions enable you to comply with legal requirements in countries
that require additional invoicing documents for direct intercompany
transactions.
You can use the
Maintain Companies as Customers or Suppliers
task to
designate companies as customers, suppliers, or both, for direct intercompany
transactions.Customer Invoice for Transactions with Affiliate Company
You can send a customer invoice to the affiliate company just like you would do for any other
customer. Workday automatically adds the supplier reference number from the customer
invoice to the resulting supplier invoice.
Supplier Invoices
The accounts payable specialist of the affiliate company reviews the supplier invoice. You can
use the
Supplier Invoice Workbench
to create a supplier
invoice for multiple customer invoices. On the Customer
Invoices
tab of the Supplier Invoice
Workbench
, you can search for customer invoice lines that aren’t:- Canceled.
- Denied.
- Fully Invoiced.
Supplier Invoice Adjustments
When you create a customer invoice adjustment for a direct intercompany invoice, Workday
automatically creates the supplier invoice adjustment. The
Reference
Invoice
prompt on a supplier invoice adjustment includes direct
intercompany invoices.