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WC126 – What risks are lurking in the Intercompany accounts?

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Webclass 126: Replay and PDF
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- Webclass 126: What risks are lurking in the Intercompany accounts?

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Webclass 126: What risks are lurking in the Intercompany accounts?

admin June 9, 2026

WC126 – What risks are lurking in the Intercompany accounts?
Webclass 126: Take the quiz and get your CPE Certificate
Webclass 126: What risks are lurking in the Intercompany accounts?

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Question 1 of 10

1. Question

Q1. What risks might be associated with Transfer pricing?

The entity might have unexpected fines or taxes due to transfer pricing if they sell from an entity that has lower costs/ taxes compared to the entity that produces the products/ services.
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The entity might end up spending more than they expected because they transfer the products to an entity that has a higher cost level.
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Question 2 of 10

2. Question

Q2. Why might someone transfer payments to an intercompany account that is based in an offshore jurisdiction?

Because then the intercompany in the offshore jurisdiction could make payments on to unauthorized beneficiaries with less scrutiny.
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In order to reduce the value of sales in the current entity.
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Question 3 of 10

3. Question

Q3. Why might the entity transfer debt to a fictitious intercompany account?

So that the debt does not appear on the balance sheet and in order to improve the reporting of key indicators.
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So that the debt can be paid quicker.
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Question 4 of 10

4. Question

Q4. What is an example of a round-trip transaction?

For example, large or high volume intercompany customer invoices, netted-off to large or high volume intercompany supplier invoices, but for which there is no real movement of products or services.
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For example, large volumes are shipped to the intercompany entity and then invoices for these products are sent back from the receiving intercompany entity.
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Question 5 of 10

5. Question

Q5. Which tables can help us to identify intercompany 3rd parties?

LFA1, KNA1, T077X, T077Y
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SKA1, SKB1, SKAT
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Question 6 of 10

6. Question

Q6. Would we expect to see the third party mentioned on all lines of journal entries relating to third parties?

No
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Yes
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Question 7 of 10

7. Question

Q7. How might we see the accounting scheme for intercompany transactions?

By listing out all the accounts that are on debit and on credit for the journal entry.
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By including the auxiliary ledger items in the analysis.
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Question 8 of 10

8. Question

Q8. Why might we not want to only analyze the journal entry lines that debit or credit intercompany accounts?

Because then we cannot see the counterparty accounts. Furthemore, we will also not be able to see the sales to end-customers in order to compare pricing to end-customers with intercompany pricing.
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Because we also want to be able to see special ledger transactions
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Question 9 of 10

9. Question

Q9. To get a good overview of intercompany transactions, do we need all the data from the Group?

Yes
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No
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Question 10 of 10

10. Question

Q10. How can we link intercompany transactions together?

The following fields could help: BSEG_VBUND, BSEG_ZUONR, BKPF_XBLNR
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The following fields could help: BSEG_AUGBL, BSEG_AUGDT, BKPF_BLART
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