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Enter and process intercompany transactions in member binders
To enter and process intercompany transactions in the member binders (rather than at the legal entity level):
note
Depending on the sourcing and intercompany data options you select, the foreign entity international computes determine the allocation and apportionment of income and expenses at either the member level (division sourcing) or the consolidated level (divisional consolidation sourcing).
- Go toBinder Properties, and thenInternational.
- SelectIntercompany Data Entry and Processing LeveltoDivision.
- SelectDivisional Consolidation.noteIntercompany transaction data entry and processing is limited to foreign legal entities (parents, subsidiaries, and divisional consolidations).
This article applies to:
- PRODUCT: ONESOURCE Income Tax
- Return type: 1120 Corporation
- Subject: Consolidations