US elimination vs Eliminations and Adjustment

[Former Member]

Hi All,

I found that US elimination is easier to configure compare to the "Eliminations and Adjustment". Is there any withdrawal for this?

In which scenario shall I use "Eliminations and Adjustments?

Thanks

[Former Member]

Hi

Yes,Us elimination is easier to configure as compare to the Elimination and adjustment.There is no withdrawl for this.

We are using US elimination when consolidation of Investment is not require in consolidation scenario.

Khokan

[Former Member]

Hi Khokan,

Thank you for your reply.

what could be the impact if we use US elimination when consolidation of investment is required?

[Former Member]

The purpose of maintain US Elim is managerial.As you know the Us Elim run only through DM package and you can also use Us Elim in both financial as well consolidation model.Where the inter company elimination which is run from consolidation monitor is require when subsidiaries are submitted there financial balance sheet which is aggregated level, for prepare consolidated balance sheet those transaction are need to be first eliminated  .Another important thing is that those entity are involved in US-Elimination which entity are ignore in elimination through consolidation monitor.

Khokan