HFM: IC Configuration and Partner Code
HFM is very powerful in dealing with InterCompany Transactions and elimination. (add more notes how HFM dealing with ICP) Our current General Ledger (GL) uses "hard coded" IC accounts. Ex. 1231 (IC receivable CA), 1232 (IC receivable BA), etc. Each receivable account plus entity will require an IC account! This is not only inefficient, but also hard to maintain in FDM mapping (see below). To correct this backward design of GL, NAV team added Partner Code as a new attribute / dimension of accounts, see below. This will appear in the very last column of GL extracts for HFM. Here are steps what need to be done to add new location and ICP mapping. Step1) Add a new location After LOCALCURRICP is added, we need to ensure the entries in General and Workflow Behaviors are correct. This requires to create a new Import Format LOCALCURRICP Now we can copy the mappings from LOCALCURR to LOCALCURRICP. Make sure copy both Types of "Explicit"