1. Intercompany and Interfund Processing in Dynamics GP
August 20, 2015
Charles Allen
Senior Managing Consultant
BKD Technologies

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3. Introduction Charles Allen Senior managing consultant
25+ years experience
Microsoft MVP

4. Today’s Agenda Introduction Interfund Processing
Intercompany Processing
Other Options
Q&A

5. Poll Question 1 Is your company a not-for-profit enterprise? Yes No
I don’t know

6. Interfund Processing

7. Interfund Processing What does it do?
Helps you keep companies or divisions in balance by automatically creating entries to balance them

8. Interfund Processing
It works when you post transactions in GL – either manually or when transactions are posted using the through posting method.

9. Interfund Processing How do you get it?
By registering the Intercompany module

10. Interfund Processing
It appears in the Dynamics.set file

11. Interfund Processing There are two methods for balancing funds
Single Due to/Due from method
Clearing fund/central treasury method

12. Interfund Processing Single Due to/Due from method Simplest method
Based on a segment in the chart of accounts
Clearing fund/central treasury method
Utilizes a central fund for paying bills
Enables you to track your cash position

13. Poll Question 2
How many setup methods are there in Interfund Processing? 1 2 3
None of the above
I don’t know

14. Single Due to/Due from Method

15. Single Due to/Due from Method
Requirements for implementing this method
The Due to/Due from accounts must be active Balance sheet accounts
The fund number must match the fund segment for each Due to/Due from account
Microsoft recommends the Due to/Due from accounts be numbered the same across funds

16. Single Due to/Due from Method
Setup
Go to Financial area page >> Setup >> Interfund Management
Select the method
Select the segment to be used
Enter the account numbers
Activate the module

17. Single Due to/Due from Method
Once the first transaction is posted, the Distribution Processed checkbox is marked and you cannot change methods.

18. Clearing Fund/Central Treasury Method
Same requirements as the Single Due to/Due from Method
If Multicurrency Management is registered, you must use the same segment for both the multicurrency rounding account and the central fund segment.

19. Clearing Fund/Central Treasury Method
Setup
Similar to Due to/Due from Method
Select the Clearing Fund segment number
Select Clearing Fund/Central Treasury
Enter the accounts except for the segment associated with the central fund
Assign currencies to accounts

20. Poll Question 3
You can switch Interfund methods easily after beginning processing
True
False
I don’t know

21. Interfund Processing

22. Intercompany Processing

23. Intercompany Processing
What it does Provides users the ability to create entries that impact other GP companies from a source (originating) company Works in General Ledger and Payables Management

24. Intercompany Processing
Setup
Create intercompany accounts in all GP companies to be impacted.
Create intercompany relationships

25. Intercompany Processing
Set up Intercompany Relationships (Administration >> Setup >> System >> Intercompany)

26. Intercompany Processing
Setup
Select the originating company
Click on a destination company
Enter the accounts
Do not mark the Enter Corresponding Company ID checkbox

27. Intercompany Processing

28. Poll Question 4
You can void transactions in the source company and have it hit the destination company
True
False
I don’t know

29. Other Solutions

30. Other Solutions Multi-Entity Management – Binary Stream
Advanced Intercompany Transactions – MC2 Software
InterCompany Postings – Nolan Business Solutions
InterCompany SOP to POP – Nolan Business Solutions
InterCompany AR Cash Receipts – Nolan Business Solutions

31. Questions

32. BKD Technologies Support Center
Microsoft Dynamics GP –
Monday - Friday, 8 a.m. - 5 p.m.
Call Support Center toll free

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34. Charles Allen | Senior Managing Consultant | 713. 499
Charles Allen | Senior Managing Consultant | |

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