This section shows the actions available in the Interest Calculation of Intercompany Entries workspace.
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Field | Description |
Calculate Interest
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Using this action, you can calculate interest for the non-invoiced, open intercompany entries between companies.
For each pair of companies between which intercompany entries exist, Maconomy runs a process corresponding to the one described for the “Calculate Interest” action in the Open Entry Intercompany Account Statement workspace. This means that selecting this action corresponds to specifying two companies in the Open Entry Intercompany Account Statement tab of the Open Entry Intercompany Account Statement workspace and selecting the “Calculate Interest” action there, then specifying another combination of companies, running the action again, and so on, until the action has been run for all combinations of companies.
However, if a company number has been specified in the field “Company No.” in the Interest Calculation of Intercompany Entries workspace, the process is only run for each pair of companies that involves the specified company. In other words, this corresponds to specifying the company in question in the field “Company 1” in the window Open Entry Intercompany Account Statement workspace and then selecting the “Calculate Interest” action there for a number of times, each time specifying a new company in the field “Company 2,” until all companies have been specified in the field “Company 2.”
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Group Entries
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Using this action, you can reduce the number of open, noninvoiced intercompany entries between companies.
For each pair of companies between which intercompany entries exist, Maconomy runs a process corresponding to the one described for the action “Group Entries” in the window Open Entry Intercompany Account Statement workspace. This means that selecting this action corresponds to specifying two companies in the Open Entry Intercompany Account Statement tab of the Open Entry Intercompany Account Statement workspace and selecting the “Group Entries” action there, then specifying another combination of companies, running the action again, and so on, until the action has been run for all combinations of companies.
However, if a company number has been specified in the field “Company No.” in the Interest Calculation of Intercompany Entries tab, the process is only run for each pair of companies that involves the specified company. In other words, this corresponds to specifying the company in question in the field “Company 1” in the window Open Entry Intercompany Account Statement workspace and then selecting the “Calculate Interest” action there for a number of times, each time specifying a new company in the field “Company 2,” until all companies have been specified in the field “Company 2.”
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