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Intercompany Transaction

   Also found in: Acronyms 0.01 sec.
Intercompany transaction
Transaction carried out between two units of the same corporation.

Intercompany Transaction
A transaction that occurs between two companies. For example, if a supplier sells to a retailer, this is said to be an intercompany transaction. It should not be confused with an intracompany transaction.


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97% decline in the housing development and 47% increase in the adjustment of intercompany transaction reduced the cost.
0, which is designed to help large companies close their financial books faster and more accurately by easily reconciling intercompany transactions.
Web-based control of just-in-time transactions between multiple facilities and subsidiaries of the same company is provided by a new Intercompany Transaction (ICT) software module for the EnterpriseIQ enterprise resource planning (ERP) system from IQMS, Paso Robles, Calif.
 
 
 
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