Oracle ERP Intercompany

Advance Global Inter - Company

System (AGIS)

Presented by :
Amit Dabke, Oracle ERP Team
Agenda
Intercompany flow through ERP
Accounting Flow
Touching Key Business area
Good Features of AGIS
Reconciliation
Q&A
 Intercompany Flow through ERP - Aspire Zone Foudation
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Supplier
Contract Purchasing

Accounting
Accounting
Payables
Invoice & Payment

Intercompany Transaction Intercompany Transaction

Accounting
Accounting Accounting
Supervisor Approval Supervisor Approval

Intercompany Transaction

Accounting
Supervisor GL GL
Approval Accounting & Reconciliation
Accounting & Reconciliation

GL
Accounting & Reconciliation

Impact on Budget and accrual accounting No Impact on Budget but accrual accounting takes place
 Accounting Flow

* Inter Company Receivables and Payables are control Accounts .

Touching - Key Business area

Key Aspects of Intercompany Transaction in ERP

Intercompany Debit and Credit Memo
Multi Source Transaction Entity
Taxation
Recipient Entity Approval
Centralized Set Ups
Period /Transaction based control
Shared Services Reconciliation
Good Features of AGIS
Intercompany Reconciliation
The process ensures
All IC transactions have reciprocal transaction in partner SBU ledger.
Looks at accounting balances in GL
Check for match between intercompany account in trading partner SUB

Drilldown Feature
Balances By source and category
Drilldown to Journals In GL
Actual Sub-ledger Transactions if used AP and AR
Q&A