This guide serves as a roadmap to identify and remedy some of the most common intercompany invoicing challenges:
- Lack of the same reference numbers for raising invoices.
- Invoices not booked in the same period.
- Neither the documents nor supporting evidence are linked in the ERP system.
- Different companies use different ERPs that can’t communicate with each other.
But, by implementing a few simple rules, and enforcing them across all your legal entities you can eradicate the pain of period-end intercompany reconciliations.
