What is intercompany booking in SAP EPM-BPC - Business Planning and Consolidation?

SAP Term: intercompany booking

• Component: EPM-BPC

• Component Name: Business Planning and Consolidation

• Description: A business rule for matching the intercompany declarations among the entities of a group. There are two types of intercompany bookings: One type calculates the difference between an entity and the intercompany account. The other type books the difference between an entity and intercompany account.

Smart SAP Assistant

• Key Concepts: 
  Intercompany booking is a feature of SAP EPM-BPC Business Planning and Consolidation (BPC) that allows companies to book transactions between different legal entities within the same group. This feature enables companies to accurately track and report on intercompany transactions, ensuring that all entities in the group are in compliance with accounting regulations. 
  
  How to use it: 
  Intercompany booking is used to record transactions between different legal entities within the same group. This feature allows companies to accurately track and report on intercompany transactions, ensuring that all entities in the group are in compliance with accounting regulations. To use this feature, users must first set up the intercompany booking process in BPC. This includes defining the intercompany accounts, setting up the intercompany rules, and configuring the intercompany reconciliation process. 
  
  Tips & Tricks: 
  When setting up the intercompany booking process in BPC, it is important to ensure that all of the necessary accounts and rules are properly configured. Additionally, it is important to ensure that all of the entities in the group are properly linked so that transactions can be accurately tracked and reported. 
  
  Related Information: 
  For more information on how to set up and use intercompany booking in SAP EPM-BPC Business Planning and Consolidation, please refer to SAP’s official documentation. Additionally, there are many online resources available that provide step-by-step instructions on how to configure and use this feature.