Use dynamic intercompany allocations in Intuit Enterprise Suite

Learn how to set up intercompany account mapping and dynamically allocate categories and accounts between companies in Intuit Enterprise Suite.

With Intuit Enterprise Suite, you can directly allocate an account summary in multi-entity companies.

Set up intercompany account mapping

Setting up intercompany account mappings is a prerequisite to use intercompany allocations. Set the source and target company's receivable and payable accounts to be used automatically when doing business between companies. This ensures correct debit and credit accounts without manual selection each time.

This is a one-time setup before you perform allocations. In order to perform allocations between Accounts Payable and Accounts Receivable accounts, you must set this up.

Follow this link to complete the steps in product.

1. Select Set account mapping.
2. Select Set up your first account mapping.
3. In the Company 1 dropdown ▼, choose the source company.
4. In the Company 2 dropdown ▼, choose the target company.
5. In the Intercompany payable & receivable accounts dialog, use the Due to Company 2 dropdown ▼ and the Due from Company 1 dropdown ▼ to choose the correct accounts. 
6. If necessary, repeat the process for the Due from Company 2 dropdown ▼ and the Due to Company 1 dropdown ▼. If your multi-entity allocations only use the first set of account allocations, you can leave this row empty. 
7. To add additional intercompany mappings, select Add and repeat the setup process.
8. When you’re finished, select Done. 

Add a new dynamic intercompany allocation

Once you've set up intercompany account mapping, you can create a dynamic intercompany allocation.

1. Log in to Intuit Enterprise Suite and select Consolidated view.
2. From the New IC transaction dropdown ▼, select Dynamic allocation.
3. In the Source company dropdown ▼, choose the source company.
4. In the Category dropdown ▼, choose the category of the expense.
5. Enter the transaction Amount or select or find my amount to open a search screen. Enter your desired date ranges and select filters to pull specific information from the reports and select Apply amount to return to the Dynamic allocation screen.
6. In the Target company dropdown ▼, choose the source company. You can select more than one target company.
7. Select Allocate.
8. In the allocation list, select to adjust the allocation parameters.
9. When you’re finished, select Save.