Accounts Receivable

Use inter-entity bill back with entity transactions

You can now streamline your inter-entity accounting when your organization transacts at the entity level only. Inter-entity bill back accurately records transactions between two entities in the same organization. When one entity sells goods or services to another, the receiving entity automatically gets a bill to process and pay. This ensures both sides of the transaction are recorded correctly.

Previously, inter-entity bill back supported top level transactions only.

With this enhancement, you can do the following:

Post invoices for bill back in the respective entity.
View the resulting bill back transaction details when you select the Record generator ID link in the invoice.

How it works

Create invoices at the entity level.
Select the bill back options for the invoice.
After posting, Sage Intacct creates a corresponding bill for the entity that's associated with the customer on the invoice.

Permissions and other requirements

Subscription	Accounts Payable Accounts Receivable
Regional availability	All regions
User type	Business
Permissions	Set up inter-entity bill back Administration Subscriptions: Configure Accounts Receivable Bill back templates: List, View, Add, Edit Company Entities: List, View, Edit Use inter-entity bill back Accounts Payable Bills: List, View, Add, Edit Accounts Receivable Invoices: List, View, Add, Edit
Configuration	Enable inter-entity bill back is selected on the Configure Accounts Receivable page.
Restrictions	The base currency of the two entities must match. Inter-entity bill back does not support transactions between two entities with different base currencies. Invoice type e-invoices are not supported for bill back.