#C298P0BCK #C29HKGM6J What's the best practice for posting transactions for multiple subsidiaries where Sub A is paying a Vendor Invoice on behalf of Sub B. For example we have a VEndor that has given us bigger discounts because we are grouping purchases from both subsidiaries together. The Vendor only sends us one invoice but we want to make sure we are passing the expenses correctly between subsidiaries. I was thinking of doing a Vendor Bill in Sub A to pay the Vendor that would Credit regular A/P and Debit some Balance Sheet accrual account. Then the Intercompany Journal would post in Sub A Crediting that same BS accrual account but Debiting I/C A/R, then Credting I/C A/P and Debiting the correct Expense in Sub B Is this okay? Or do we have to have the I/C Journal Include COGS, Rev as well as A/R and A/P? Thanks