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In today's video tutorial, the presenter discusses inter-company processing (ICP), addressing its significance and the common issues clients face. Understanding ICP can be complex due to its variability between companies. The focus will be on explaining the inter-company sales process to external customers. The session will cover the definition of ICP, outline the different steps involved, and detail the financial entries at each step. ICP refers to transactions occurring between distinct legal entities within the same corporate group, which may operate in the same or different countries. An example given includes transactions between branches in France and the U.S.
