Discover how Harris wanted to change its inventory accounting focus from a Balance Sheet approach to a Profit and Loss approach. This included the need to break out the markup element within each posting and book it to separate designated accounts.
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About Virtual Trader
For many years, the Virtual Trader software has been a key element in the ERP solutions of the world’s largest multinational corporations. It’s a flexible system that enhances the intercompany and intra-company functionality of Oracle, without the need for customization.
Create
Virtual Trader can produce intercompany documents from any source as invoices or directly as journals.
Reconcile
Intercompany transactions are centralized and the settlement process becomes error and stress free.
Settle
Centralization and automation reduce the chance of period close delays due to reconciliation issues.
Compliance
Virtual Trader is compatible across worldwide systems, so enterprise-wide intercompany can be pulled from any source.
