Use Case: Set Up On-Behalf Intercompany Transactions

Financial professionals in these roles who are responsible for carrying out each step of the process for setting up on-behalf intercompany transactions:

Bank configurator
Common finance configurator
Accounts Receivable configurator
Business process administrator

These role names may differ from those at your organization.

On-behalf intercompany transactions enable you to process payments and invoices in place of the company that provides the goods and services. When you configure your intercompany profiles and relationships, you can record, initiate, and settle on-behalf intercompany activities. This use case outlines different tasks and user roles involved in the process of setting up on-behalf intercompany transactions. This use case provides an example of the process flow and the areas in Workday where you carry out each step. Your process might consist of different tasks or workflows.

Define Bank Accounts
Define Intercompany Profiles
Set up Account Posting Rules
(Optional) Create Customer Payment Application Rule
(Optional) Edit Business Process

For detailed information, see Steps: Set Up On-Behalf Intercompany Transactions.

For more information, see:

Setup Considerations: On-Behalf-of Intercompany Activities.
The Next Level Presentation: On Behalf Of Intercompany .
The Next Level Presentation: Intercompany Product Flow.