intercompany Elimination

[Former Member]

Hi Guys

I am trying to run ic elimination but when i do that the all amount on the GL is eliminated not the IC BALANCE

for example

GL AR 1000 third party

GL AR 500 IC

when i run consolidation the whole amount 1500 is eliminated

[Former Member]

Hi Awad,

Did you check your method based multiplier rule ?

The intco method should not be "99". If you put "99", every amount is eliminated including THIRDPARTY.

You should write instead the numbers of your holding company, full consolidated, method, proportional, etc.

Dat

[Former Member]

Hi Awad,

Without dimension structure,script logic and business rule it's not possible to understand anything.

Khokan

[Former Member]

I need to know if i am using eliminations and adjustments rules not us elimination

how would the system eliminate THE GL

let me explain when i run the consolidations the all amount on the GL is eliminated not the IC BALANCE

for example

GL AR 1000 third party

GL AR 500 IC

when i run consolidation the whole amount 1500 is eliminated

so what is the nature of this rules ?

[Former Member]

For Elimination and adjustment rule need one GL with Accounts Receivable and One GL Accounts payable but as per your details you use both accounts with accounts receivable that's why whole amount is eliminated.

Khokan

[Former Member]

Hi awad ,

                   just provide the screenshots what you have done it is useful for the others if the same issue arises and it becomes easy for the others .