Run Intercompany Billing Final Run

After you check the results of the draft run and make any necessary corrections, you can complete the final run for the intercompany billing process.

To run the Intercompany Billing process in final mode:

1. On the Navigation menu, click Accounting > Intercompany Billing.
2. On the General tab of the Intercompany Billing form:
   1. Set the Run Type option to Final.
   2. Optional. Update the text in the Run Description field.
   3. Use the Show posting logs for option to select the kind of posting logs that you want to see.
   4. For the Show posting logs from option, select a starting accounting period and ending accounting period. Only posting logs containing intercompany transactions from this range of accounting periods display on the form.
   5. Select one or more posting logs.
3. Optional. On the Posting Information tab, select the Post intercompany transactions as they are generated (do not create a transaction file) option to post immediately.
4. Optional. On the Posting Information tab, select the Replace existing unposted intercompany billing files of same file names option to update existing unposted files with newer versions.
5. Click Run to run the intercompany billing process. The process deletes any existing draft data and creates a sequence number for the file. The process also:
   • Creates the appropriate accounts receivable and accounts payable entries and clears the intercompany suspense account (if you are posting automatically; if not, these actions happen when you post the files created by this process).
   • Marks intercompany billing files as processed.
   • Sets the approval status of the intercompany transaction files to submitted or approved.
6. Optional. Preview or print the Intercompany Billing Detail report. Final runs are saved and can be reported on at a later date. You cannot delete a final run.