Intercompany Reimbursement

When you post intercompany reimbursement, Voyager creates a journal entry and a paid invoice to move funds from a funding entity to a funded entity.

The journal entry is in the following format:

Account	Debit	Credit
Due To	funded property
Due From Suspense		funding entity
Due From		funding entity
Due To Suspense	funded property

The paid invoice debits the due-from suspense account of the funded property. When you move funds from the funded property to the funding entity, the invoice debits the due-to account of the funded property.

You must set up intercompany accounting before you can post intercompany reimbursements. For more information, see “G/L Segments” in the Voyager Core Setup Guide.

To post an intercompany reimbursement

1	From the side menu, select Payables > Interco Reimbursement. The Intercompany Reimbursement filter appears.

2	Complete the filter:

Funded Property Type or select the code for the property being funded.

Due To Account Type or select the due-to account for this reimbursement.

Amount Type the amount to move between the properties.

Due From Suspense Type or select the due-from suspense account for this transaction.

Due To Suspense Type or select the due-to suspense account for this transaction.

Vendor Type or select the vendor code for the funding entity.

Tran Date Type or select the date you want to record the intercompany reimbursement transactions (mmddyy).

Post Month Type the month these transactions affect the G/L (mmyy).

3	Click Submit. Voyager confirms the intercompany reimbursement.

4

Click OK.