Managing loans between companiesunavailable in ajeraCore Loans made between companies are standard loan transactions, not intercompany transactions. Loans are debts that require the payment and receipt of funds between the lender and the borrower; the general ledger must accurately reflect the assets and liabilities for both companies. In contrast, an intercompany transaction occurs when companies in your organization share resources and happen automatically in Ajera. For example, an employee for one company works on another company's project. In this case, you must enter an intercompany bank transfer to reconcile the cost of the employee's time. The following steps describe the general workflow for managing loans between companies. Before you begin
To manage a loan between companies
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