InterCompany POP to SOP allows for the creation of Intercompany Trading Relationships. It is ideal for related companies that buy and sell inventory items between GP databases. It was designed primarily for manufacturing and distribution companies that maintain a centralized inventory.
It provides an automated loop to keep purchase orders, sales transactions, receipts, and payments in balance between related companies. IC POP to SOP eliminates the need for duplicate data entry in multiple databases.
Steps:
1. Releasing a Purchase Order created in Company A, automatically creates the corresponding Sales Order in company B.
2. Transferring the Sales Order in Company B to an Invoice, automatically creates a Purchase Receipt in Company A.
3. Processing a payment on the AP document in Company A automatically generates a Cash Receipt batch in Company B.
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