What are The two advantages of having an intercompany segment in the Chart of Accounts?

Identifies partners in each intercompany line through balancing, by populating the intercompany segment with the trading partner.

Assists reconciliation through balancing, by populating the intercompany payable and intercompany receivable accounts.

Assists reconciling intercompany transactions and helps identify elimination entries.

Enables balancing of many to-many primary balancing segment value journals and many to many legal entity journals