Introduction

Advanced Global Intercompany System (AGIS) enables you to create, settle and reconcile intercompany transactions. Intercompany transactions are transactions that occur between two related legal entities in an enterprise or between groups in the same legal entity. Transactions that occur between two legal entities are called intercompany transactions and transactions that occur between two groups within one legal entity are called intracompany transactions.

Course Content

1. Overview of AGIS

• Understand the importance of Intracompany and Intercompany Transactions
• Introduce the balancing rules
• Introduce how AGIS integrates with ledgers and subledgers

2. Setup AGIS

• Define Employees, Legal Entities and Ledgers
• Define Intracompany balancing rules and Intercompany Accounts
• Define Intercompany Organizations and Security
• Review Transaction Types
• Review Invoicing Options and period statuses
• Review Intercompany system options
• Review Approvals Management
• Review transaction accounting setup in Subledger Accounting (SLA)

3. Intercompany Journals

• Perform an Intracompany Journal within a single ledger
• Perform an Intercompany Journal within a single ledger

4. Intercompany Transactions

• Perform an Intercompany Transaction requiring invoicing
• Perform an Intercompany Transaction in Web ADI
• Transfer Journals to General Ledger

5. Reporting and Reconciliation

• Identify and run Intercompany Standard Reports
• Perform Intercompany Reconciliation
• Assigning Parent Values to Rollup Groups
• Entering Summary Account Templates
• Discussing Implementation Considerations