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What is an Inter-Entity transaction?

April 26, 2017inter-entity transaction

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What is an Inter-Entity transaction?

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Transactions between JHU and JHHS are considered Inter-Entity and are processed in SAP as CO allocations. Johns Hopkins University (JHU) divisions are set up in Business Areas within the 100-299 range and Johns Hopkins Health System (JHHS) companies are set up in Business Areas within the 400-599 range. Inter-Entity transactions are reviewed and executed by the Inter-Entity Transaction Group within the Accounts Receivable Shared Service Center.