Intra-subsidiary contracts are specific contracts created between two subsidiaries that belong to the same parent company or business. These contracts are designed to facilitate and monitor the buying and selling of goods and services between the two subsidiaries. From these intra-subsidiary contracts, intra-subsidiary orders are created.
To use subsidiaries as relations in contracts and create intra-subsidiary contracts, you need to add the subsidiaries as relations and select the subsidiary in the drop-down ‘Is subsidiary.”
After adding subsidiaries as relations, these relations can be used in contracts to create intra-subsidiary contracts.
Note: A subsidiary can be associated with only one relation as a subsidiary.
Once you have created a contract with a subsidiary, you can generate a related counter contract for the subsidiary by using the “Intra-subsidiary counter contract” button on the contract screen. For purchase contracts, you can create sales counter contracts, and for sale contracts, you can create purchase counter contracts.
To illustrate, suppose you create a purchase contract for subsidiary ABC and use relation XYZ. Once the contract is saved, you can generate a counter contract using the button”intra-subsidiary counter contract”. This counter contract will automatically incorporate the subsidiary XYZ and relation ABC.
However, it is important to note that the subsidiary must be added as relations and selected within the “is subsidiary” field of the relation rootdata.
You can use these intra-subsidiary contracts to create intra-subsidiary orders.
When creating orders for such contracts(intra-subsidiary), you can also create counter orders directly from the order screen using the button “Create counter order” in “More” options
The counter order created will have the same quantity as used in the base order created for an intra-subsidiary contract.
The counter contracts created for a subsidiary and the associated details can also be checked in various Qbil-Trade reports like Contracts, Purchase contract planning, sales contract planning, Dummy contracts, etc.
