Imagine you have two different stores, Store A and Store B. Both stores are owned by the same person, so they are considered related or affiliated companies. Intercompany crossover is when something is shared between the two stores.
For example, let's say a customer buys a toy at Store A but then decides they want to return it at Store B. Since the two stores are affiliated, they can work together and allow the customer to return the toy at Store B, even though the purchase was made at Store A. This is known as an intercompany crossover because the customer activity is crossing over from one affiliated store to another.
Another example of intercompany crossover is when a company has subsidiaries in different countries. If the company in one country needs to borrow money, they may be able to get a loan from another subsidiary in a different country, even though they are part of the same company.
In summary, intercompany crossover is when two affiliated companies share something, such as a customer transaction or funding between subsidiaries. It's like when you share toys with your friends who have the same parents as you!