Consolidating entries elimination

Create a second report that shows you only the elimination entries and use it in a report group with your consolidated report so you have all the information you need to create any required journal entries.You need to follow this process if you want to reconcile and then eliminate data from trading partner relationships between consolidation units in a consolidation group.Following is a column definition for a consolidated income statement.



Column D includes only the elimination accounts for CEU company and Column E includes eliminations for CEED company.Both Column D and E are set to NOT print on the financial statement.


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