Identify the two items that the intercompany Reconciliation reports display.
A.
ledger balancing lines generated when the primary balancing segment value is in balance, but
either the second balancing segment or the third balancing segment is out of balance
B.
intercompany receivables and intercompany payables lines generated by the intercompany
balancing feature
C.
intercompany receivables and intercompany payables lines generated for the provider and eceiver of each intercompany transaction
D.
clearing company balance lines
Explanation:
Intercompany Reconciliation: Explained
The main goal of the reports is to make it easy for you to identify either the receiver side or
provider side of a transaction that has not been posted to the intercompany receivables or
intercompany payables account.
The reports show the following intercompany lines:
* (B)Intercompany receivables and intercompany payables lines generated by the intercompany
balancing feature
* (C)Intercompany receivables and intercompany payables lines generated for the provider and eceiver of each intercompany transaction
The following are not included on the intercompany reconciliation reports:
* (not A)Ledger balancing lines generated when the primary balancing segment value is in balancebut either the second balancing segment or the third balancing segment is out of balance
* (not D)Clearing company balancing lines
All > Financial Control and Reporting > Close Accounting Period > Reconcile
Accounts, Intercompany Reconciliation: Explained