Promotional Expense Tab of Intercompany Billing Setup

Use the Promotional Expense tab to specify how to handle promotional expense intercompany transactions.

Contents

Field Description
Reclass Intercompany Suspense as Receivable/Payable only

Select this option to move regular labor amounts from a company's Intercompany Suspense account to its Intercompany Accounts Payable or Intercompany Accounts Receivable account, when Intercompany Billing is run.

  • Selecting this option disables the other two options on this tab.

  • If you leave this option cleared, you must select at least one other option on this tab.

Transfer cost to originating Company

Select this option to have DPS transfer the promotional expense from the target company to the originating company, when Intercompany Billing is run.

The transfer clears out the originating company's Intercompany Suspense account and reverses the target company's promotional expense.

This option is enabled only if Reclass Intercompany Suspense as Receivable/Payable only is not selected.

Create Journal Entry

Select this option if you want DPS to create a journal entry in the amount of the markup when Intercompany Billing is run. The markup is based on the transfer price defined by the applicable Rate Method and Multiplier fields. DPS posts the journal entry to the following:

  • The credit account specified for the company posting the transaction.

  • The debit account specified for the project's company.

This option is enabled only if Reclass Intercompany Suspense as Receivable/Payable only is not selected.

Journal Entry Information Grid

Field Description
Journal Entry Information drop-down

Click the drop-down arrow on a grid header to complete any of the following actions:

  • To print grid data, click Print. On the Print Preview form, click File > Print to send the grid data to your default printer.
  • To export grid data to an Excel spreadsheet, click Export to Excel. When Microsoft Excel opens, use its features to modify, print, or email the grid data, or to save the spreadsheet file locally.
  • To turn on grouping for a grid, click Enable Grouping. When a field displays with the instruction: "Drag a column header here to group by that column," drag and drop column headers into the field, in the sequence that you want them to display.

Not all options are available on all grids.

Company This column displays the name of the company for which you are entering journal entry information. The grid contains a row for each company in your enterprise. DPS uses information from different rows to create journal entries between originating and target companies.
Transfer To Debit Account Click , and select the account you want DPS to debit when it transfers a promotional expense from the target company to the originating company.
Transfer From Credit Account Click , and select the account you want DPS to credit when it transfers a promotional expense from the target company to the originating company.
Journal Entry Credit Account If you selected Create Journal Entry, click , and select the account to receive the credit entry when this company is the company that posted the expense (the originating company).
Journal Entry Debit Account If you selected Create Journal Entry, click , and select the account to receive the debit entry when this company is the project's company (the target company).
Multiplier

If you selected Create Journal Entry, enter the default global multiplier for the company. Enter 1.00 if you do not want to apply a multiplier.

A 0.00 multiplier means that the cost will be multiplied by 0.

If you want to use different global multipliers for transactions between specific companies, you can specify those multipliers in the Journal Entry Override grid. You can also override this global multiplier for a specific project on the Intercompany Billing tab of the Projects hub, and at the organization level on the Intercompany Billing tab of the Individual Organization Setup form.

Journal Entry Override

Field Description
Journal Entry Override drop-down

Click the drop-down arrow on a grid header to complete any of the following actions:

  • To print grid data, click Print. On the Print Preview form, click File > Print to send the grid data to your default printer.
  • To export grid data to an Excel spreadsheet, click Export to Excel. When Microsoft Excel opens, use its features to modify, print, or email the grid data, or to save the spreadsheet file locally.
  • To turn on grouping for a grid, click Enable Grouping. When a field displays with the instruction: "Drag a column header here to group by that column," drag and drop column headers into the field, in the sequence that you want them to display.

Not all options are available on all grids.

Insert Click this option to enter a new row of journal entry override information.
Copy To create a new row of journal entry override information by copying an existing row, select the existing row and click this toolbar option.
Delete To delete a row, select the row and click this toolbar option.
Target Company

If you want to enter override rate information for a pair of companies, select the company that will be billed for the expense.

If you also want to enter override information for this company as the originating company and the company in Originating Company as the target company, insert another row in the grid and enter that information.

Originating Company Select the company that will bill the target company for the expense. For non-labor charges, this is the company that posted the expense.
Multiplier

Enter the override multiplier for these companies. Enter 1.00 if you do not want to apply a multiplier.

A 0.00 multiplier means that the cost or billing amount will be multiplied by 0.

You can also override this global multiplier for a specific project on the Intercompany Billing tab of the Projects hub, and at the organization level on the Intercompany Billing tab of the Individual Organization Setup form.