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Intercompany transaction |
Also found in: Acronyms | 0.04 sec. |
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Intercompany transaction Transaction carried out between two units of the same corporation. |
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? Mentioned in | ? References in periodicals archive | |
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0, which is designed to help large companies close their financial books faster and more accurately by easily reconciling intercompany transactions. For example, if either the seller or buyer is a "dealer" in the property involved in an intercompany transaction, neither can use the installment sale rules to account for the transaction at the time of the sale. 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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Intercompany transaction