Intercompany Invoices Report

An intercompany invoice is a bill generated when you run the Intercompany Billing process to track charges made between two companies in your enterprise. The Intercompany Invoices report is available only if you use detailed subledgers.

Report Contents

Element	Description
Heading	The invoice heading shows the name and address of the company that generated the intercompany invoice during the Intercompany Billing process.
Date	The first line below the heading and to the right shows the invoice date specified on the Invoice Options dialog box.
Invoice No.	This field displays the invoice number, which is based on the setting of the Next Invoice Number option on the Invoice Options dialog box.
Target Company Name and Address	This field displays the name of the target company, which is the company that owns the project charged for the labor or expenses. This is the company for which the intercompany voucher is generated to pay the corresponding intercompany invoice.
Project	This field displays the identifier and name of the project to which time or expenses were charged.
Professional Services from Date to Date	The dates displayed in this field represent the accounting period during which the labor or expense charges took place. You set the accounting period start and end dates on the Invoice Options dialog box.
Labor Section	The labor section displays the amount of money charged to the project, phase, or task for the hours worked. On the Invoice Terms dialog box you specify which additional information, if any, to include the labor section of the intercompany invoice: Show Date — Displays the date of the original labor transaction. Show Multiplier — Displays the multiplier for the original labor transaction, and the markup amount, as a separate line on the invoice. Show Comments — Displays the contents of the Comment field from the original labor transaction. At the end of the section, Vision includes the labor total, as well as labor totals by task, phase, and project.
Expenses Section	The expenses section displays the amount of money charged to the project, phase, or task for non-labor expenses. On the Invoice Terms dialog box you specify which information, if any, to include the expenses section of the intercompany invoice: Show Date — Displays the date of the original expense transaction. Show Multiplier — Displays the multiplier for the original expense transaction, and the markup amount, as a separate line on the invoice. At the end of the section, Vision includes the total amount charged for expenses, as well as expense totals by task, phase, and project.
Taxes Section	The taxes section displays any relevant taxes charged. You select the applicable tax codes on the Invoice Terms dialog box. How Vision determines tax amounts for intercompany invoices depends on how the tax codes are set up on the Tax Codes form, on the types of transactions (labor, expense, or balance sheet), and on the accounts involved in the transactions.