Basic setup

Learn about the basic set up that needs to be done before you start setting up parties, topics and subsctiptions in pryme Intercompany

  2 minute read  

Add your party code

All companies must agree on a unique intercompany partner identification code for each company, a Party code. Decide on a naming strategy and stick to it.

  1. Choose the 🔎 icon, enter pryme Intercompany setup, and choose the related link.
  2. Enter the Party code in My party code.

Exclude a dimension in the intercompany data

If you have dimensions that are local for the company and shouldn’t be a part of the intercompany data, you can restrict the dimension to be excluded in the Topic message.

  1. Choose the 🔎 icon, enter Dimensions, and choose the related link.
  2. Turn Skip for Intercompany (IDM) to On/Selected on the dimensions you want to exclude.

Expense payment type

If you are using the preview Project ledger entries functionality that transfers expenses between companies you must add a new Expense payment type that prevents the expenses to post to the general ledger. The general ledger will be updated when you post the Purchase invoice. This Expense payment type is only for intercompany transactions.

  1. Choose the 🔎 icon, enter Expense payment type, and choose the related link.
  2. Create a new expense payment type and set the Expense payment function to Company paid and the Expense posting to NONE.
  3. Choose the 🔎 icon, enter Project expense posting setup, and choose the related link.
  4. Create a new Expense code for each code you have, and add the Expense payment type just created.
  5. Fill in the fields as necessary. Hover over a field to read a short description.

Permissions

All users that are going to send projects to other companies need the permission USER IDMYME.