Although elimination rules can be created in any company, to use elimination rules, you must set them up in a consolidation company. A warning will be displayed if you open the form and the option in the form is not selected.

Elimination rules are stored on a per-company basis and must be unique within the company that they are saved for.

You must specify an existing elimination company in which the elimination journal will be created. The list will include all companies that you have access to. You can enter an elimination journal name with a journal type of for processing.

Create an elimination rule

  1. Click > > > .

  2. Press CTRL+N to create a new line.

  3. Enter a unique identifier and a description for the elimination rule.

  4. Select the company where the elimination journal will be created in the field.

  5. Enter or select the starting and ending dates for the elimination rule.

  6. Select the check box to activate the elimination rule.

  7. Click the tab and select a journal name in the field.

  8. Click the button to create elimination rule lines.

Create elimination rule lines

  1. Click > > > > .

  2. Press CTRL+N to create a new line.

  3. Select the elimination method.

    • If you select , continue with step 4.

    • If you select , continue with step 5.

  4. If the elimination method is , enter or select information in the following fields.

    Field

    Description

    Select the account to retrieve the amount from.

    If you select , select a destination account that will be used in place of the source account.

    If you select , the respective account that is defined in the source will be used during the allocation process.

    Select the dimension for the destination company that the transaction will be posted to.

    field group

    Select the dimensions to retrieve the amount from.

    field group

    If you selected in the field, select the dimensions to associate to the elimination rule.

    If you selected in the field, the dimensions that are defined in the source will be used during the elimination process.

  5. If the elimination method is , enter or select information in the following fields.

    Field

    Description

    Select the account that the transaction will be posted to.

    Enter the debit amount for the destination account or dimension?

    The currency code for the consolidation company.

    field group

    Select the dimensions to associate to the elimination rule.

See Also