TABLE OF CONTENTS
Description
Elect to eliminate financial impact of an intercompany journal entry at the parent of both locations used in the intercompany entry. This will be visible in an elimination column in financials.
How to Enable
Two places to control if your intercompany journal entry should eliminate.
Settings:System level
NOTE: Allow Intercompany Eliminations can only be enabled if Allow Intercompany Entries is also enabled.
Journal Level
If Global Setting is enabled, an option will be visible at the Journal level to disable for desired intercompany transactions that should not eliminate.
NOTE: The toggle at the journal level will only show if the Global Settings: System "Allow Intercompany Eliminations" is enabled.
While the journals can be edited, i.e. in Draft Status, you are able to Enable or Disable the Elimination entry using the toggle displayed above.
Bulk Upload
Column “eliminations” for journal upload
Case | Settings.intercompanyEliminations2 | Journal.elimination | Create elimination lines? |
1 | true | true | YES |
2 | true | false | NO |
3 | true | undefined/null | YES |
4 | false | true | NO |
5 | false | false | NO |
6 | false | undefined/null | NO |