Content Andria is Following

Do you trust the data & reports from the big analysts?

Yes

No

Sometimes

View Results

What do you do with unsolicited vendor gifts?

Keep it

I never accept them

Donate it

Depends on the dollar amount

Other (leave a comment)

View Results

How do other companies handle COGS/Profit when Company A gets the external sale but Company B ships the product.   Company A stocks the product and sometimes ships to the customer, but sometimes need to ship direct from factory.   Company A cost is $5 and Company B cost is $3.

What insights, best practices, or recommendations can you share regarding intercompany invoicing ownership? Our current process involves posting intercompany invoices via configuration rules, but we struggle to have clear ownership for monitoring, review, and reporting. We have situations where, for example, a product is shipped from a country M entity to a customer by a country E entity, resulting in a direct shipment. The trade sale occurs in the E entity, but an intercompany sale is posted between M and E entities. The supply chain initiates the sale but doesn't own the intercompany invoice. IT, accounting, and tax teams are knowledgeable about intercompany processes, but none have ownership for initiating sales or determining shipping locations. While intercompany activity is eliminated from a corporate perspective, it has significant financial implications for country-by-country, e-invoicing, and VAT reporting. This highlights the need for clear ownership to monitor and ensure accurate reporting of these sales. 

Read More Comments

What organizational changes have been most impactful in elevating your fiance function’s value to leadership in the past 18 months?

Andria Adya, Product Director - Oracle Financial Applications at The Sherwin-Williams Company | Gartner Peer Community