Simple Inter-Company Billing

Simple Inter-Company Billing automates billing transactions between related companies within the same group, eliminating duplicate data entry and reconciliation issues.

Function & FeaturesAdvantagesWho SHOULD use

Function & Features

1

Single-Entry Inter-Company Invoice

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• ●Selling company → create an inter-company sales invoice
• ●Buying company → receive system automatically generated corresponding purchase / AP entry

2

Automatic AR & AP Sync

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3

Partner Mapping

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4

Transaction Tracking

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Step-by-step Implementation

Before any transaction happens

The system must be configured:

• You have installed the Intercompany Billing plugin into both account books (the Selling & Purchasing entities).
• You have defined the relationship between the entities:
• Which company is the “Sales Company” (Seller)
• Which company is the “Purchase Company” (Buyer)
• Map the Debtor in the sales company to the Creditor in the purchase company. This mapping makes sure AutoCount knows where to send the generated Invoice.

Create a new Invoice at HQ

Add an item.

Create a new Invoice at HQ

Click "InterCompany Billing" → "Info". Check the details and close the tab.

Auto-generate Purchase Invoice

Click "save" button, system will auto-generate Purchase Invoice in linked company

System will prompt a message to the user.