Sage 200 Intercompany Postings

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The Sicon Intercompany module allows you to easily apportion costs between your Sage 200 datasets as well as exchanging sales and purchase transactions

As standard, Sage 200 does not allow you to post intercompany transactions. The Sicon Intercompany module is designed specifically to fulfil this function.

The module allows users to carry out purchase invoice apportionment, nominal journals, cash transfers & stock transfers.

You can also create and post Purchase and Sales Orders as well as Invoices between your different trading companies.

Supporting businesses across the UK

Ideal for companies with:

  • More than one legal trading entity

  • Regular shared overheads to split

  • Sales & Production set up as different datasets within Sage 200

Key Software Features

  • Post cash and pay invoices in subsidiary companies

  • Create VAT Invoices or Nominal Journals based on interco VAT relationship

  • Handles companies in foreign base currencies

  • Create a purchase invoice from a sales invoice or create a sales invoice from a purchase invoice

  • Unlimited Sage companies are supported at no additional cost

Features Explained

Nominal Journals
Post a nominal journal directly from any Sage 200 company to any other Sage 200 company. Intercompany postings automatically controlled by pre-configured control accounts within each company.

Stock transfers
Sicon Intercompany allows transfers of stock between companies on demand and creates all associated intercompany nominal postings.

Foreign Exchange
Sicon Intercompany takes into consideration the base currency of the company and the currency of any bank account being used. The module will then convert between these two currencies automatically using the existing Sage exchange rates.

Nominal Journal Templates
For regular, large or complicated sets of intercompany nominal transactions, these can now be pre-configured with a set of accounts, with or without pre-configured values or percentages. This saves greatly on processing time. Once a template is chosen, it can be amended before being submitted.

Create a purchase invoice from a sales invoice or create a sales invoice from a purchase invoice
When putting on a sales invoice to a customer flagged as an intercompany customer, a purchase invoice will be created in the corresponding intercompany.  When putting on a purchase invoice to a supplier flagged as an intercompany supplier, a sales invoice will be created in the corresponding intercompany.

Runs with Multiple Sage Companies
Unlimited Sage companies are supported at no additional cost.

Sage 200 menu structure included
Default menu items provided for custom menu design.

Purchase Invoices
Process purchase invoices to the purchase ledger and then split these to other Sage 200 companies via intercompany journals or automatically create sales and purchase invoices.

Cash Postings
Process cash into a Sage cash book and re-allocate to other Sage companies with intercompany and cashbook postings.

Nominal Tax Exclusions
Nominal codes can be marked as exclude tax and any intercompany transaction (Purchase Ledger, Sales Ledger or nominal) will be set as exempt. This can be used for things such as insurance commissions etc.

Create POP from SOP or SOP from POP
When putting on a SOP to a customer flagged as an intercompany customer, a POP will be created in the corresponding intercompany.  When putting on a POP to a supplier flagged as an intercompany supplier, a SOP will be created in the corresponding intercompany.


We would be delighted to discuss your requirements in more detail so contact us now below or directly on 01332 587515 or sage@smithcooper.co.uk to tell us more about your project.

Sicon Intercompany FAQ's

  • Features not applying to the menu automatically in Sage 200?

    The first thing to check is the Sage 200 secured services application setting ‘load user profile’ is set to true.
    You can also check that you have tried pressing the ‘Revert to Draft’ button

  • How should intercompany handle VAT for invoices of varying rates?

    Invoices being received in the initial company may receive a purchase invoice that is exempt from VAT (or have another nonstandard rate), but the intercompany transaction will be created at the standard rate VAT code.

    So any partial rate VAT entries would be entered, but the balancing intercompany transactions would be at standard rate VAT.

  • Intercompany Install Pre-requisites

    Sicon Intercompany Module requires Sage 200 Commercials to be installed and the following details to be configured for setup and training:

    Companies – with Tax Registration details (VAT). Create copies of Live companies for testing purposes,
    Bank details – for Cashbook,
    Intercompany Customer Accounts,
    Intercompany Supplier Accounts,
    Nominal Codes.

Fill out the form to find out how Intercompany can elevate your business!

Call 01332 587515 or enquire online today