Intercompany Transactions

This FAQ will go over how intercompany transactions can be recorded in Paradigm ERP. This can be used to keep track of transactions that should be included in intercompany eliminations. Intercompany eliminations are necessary when preparing corporate-level financials for two or more related entities that buy and sell to/from each other.

If reports are needed for these intercompany transactions, contact Paragon Support to have these set up.

Intercompany Transactions

Customers

To mark a customer as “intercompany”, check the box below on the customer’s detail tab:

Vendors

To mark a vendor as “intercompany”, check the box below on the vendor’s detail tab:

Journal Entries

To mark a journal entry line as “intercompany”, check the box below on the detail line. If that column is not showing, use the “Column Chooser” to display it.