A. GIS enables intercompany transactions to be approved after transfer from AP and AR.
B. Unlike intercompany accounting within the same set of books, GIS only works between sets of books but not within the same set of books.
C. Intercompany journals are created automatically as soon as they are approved.
D. You can set up GIS so that the sender's transactions do not need to be approved by the receiver.
E. If a sender approves the transaction but the receiver rejects it, the transaction is recalled.
F. Each company that uses GIS must be set up as a subsidiary that is associated with a balancing segment value.
G. You can optionally send notifications to a defined user or responsibility when an intercompany transaction is initiated.