Dear experts,
We use multi-company allocation to recharge costs to a customer for a specific period. However, we’ve observed that it’s possible to create instant invoices for the same period multiple times, which should not be allowed.
Please see the allocations for period 07 below.
How do you suggest we address or prevent this issue?
Hi,
The multi company allocation process is intended to allocate cost from company Corporate to the subsidiaries like child companies 1, 2, 3 4. It’s a pure finance tool. As part of the design, it was determined that some areas of the world cannot directly allocate the cost to the subs, and those companies needed to charge VAT / other flavors of tax. It was decided to allow the allocation process to use an instant invoice for those reasons.
As far as I know, it was never intended to use this tool to invoice external customers. It appears you have found a creative way to use this pure finance functionality. Can it work? Apparently yes, but it will come with limitations, as it was not intended for that purpose.
Regards,
Thomas
Hi,
The multi company allocation process is intended to allocate cost from company Corporate to the subsidiaries like child companies 1, 2, 3 4. It’s a pure finance tool. As part of the design, it was determined that some areas of the world cannot directly allocate the cost to the subs, and those companies needed to charge VAT / other flavors of tax. It was decided to allow the allocation process to use an instant invoice for those reasons.
As far as I know, it was never intended to use this tool to invoice external customers. It appears you have found a creative way to use this pure finance functionality. Can it work? Apparently yes, but it will come with limitations, as it was not intended for that purpose.
Regards,
Thomas
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