Intercompany Invoice and Voucher Projects

In Intercompany Billing, if you use the detailed subledgers feature, you must assign an intercompany invoice project and an intercompany voucher project for each set of subledger terms that you define.

Accounts payable and accounts receivable transactions use these projects to ensure that, when you post an intercompany invoice, you can charge a project belonging to your company. These projects are used to generate history intercompany invoices and intercompany vouchers to create a paper trail for intercompany transactions.

To create these new Projects hub records, you need to complete only the required fields. You can also specify a descriptive Project Name, or a name beginning with zzz, for easier identification in lookup lists.

In addition, note the following:

• Deltek recommends that you assign each of these projects a status of dormant to ensure that they are not inadvertently charged in other parts of Deltek.
• The Billing Currency that you specify on the project's Accounting tab determines the currency Deltek uses when it creates the intercompany invoice.
• You can preview intercompany invoices for the intercompany invoice project from the Project Review form. From the Preview window, you can also print the invoices or distribute them using email.
• You can also preview, print, and email intercompany invoices for the intercompany invoice project from the Invoice Review form, but only if you specify a client for the intercompany invoice project when you set it up.