What is inter company transaction & Intra company Transaction?

Hello All. Simply the answer of the question as follows;

Inter-Transaction    refers to Transactions happen between TWO DIFFERENT companies

Intra-Company transactions means that happen inside the same company .

Thank You

Inter company transactions means the transactions with other companies. For example: purchasing or selling goods to other companies.

Intra company transaction means the transaction within the company, for example, head office is sending or receiving goods to the branch office or other regional office

DEAR MADAM, 

                             An inter company transaction is one between companies within a group, e.g. between a parent and subsidiary, or between two fellow subsidiaries.An Intra company transaction is one between branches or divisions or departments of the same company. It's internal. This definition from the Merriam-Webster dictionary occurring within or taking place between branches or employees of a company intracompany transactions

Inter Company transactions are carried out between two different companies but both companies are related to each other in the sense that they are within a group. For example, the transaction could be between a parent and subsidiary company.

On the other hand, Intra Company transactions are internal and takes place in a company itself. It could be between branches or different departments within the same company.

Inter Company Transaction

The Inter Company Transaction is the transaction between two different companies.

Intra Company Transaction

Whereas the Intra Company Transaction is the transaction within same company.

i think inter company transaction means if u r moving materials in two different company codes and intra company means that when u r moving materials within the same company code from one plant to another