About Accounts Payable Batches Created by Intercompany Transactions

If you use Intercompany Transactions (ICT), the Accounts Payable component in ICT lets you enter invoices, debit notes, credit notes, and interest charges for related companies.

Posting an ICT A/P batch creates an Accounts Payable batch in the originating company's Accounts Payable ledger (for posting invoices, debit notes, credit notes, and interest to vendor accounts), and it creates an ICT G/L batch in the ICT company.

Note: For online help specifically about ICT features, you must open an ICT screen, and then press F1 on your keyboard. You can do this only if you have installed ICT and activated it for an ICT company.