This chapter contains these topics:
Section 38.4, "Purging Processed Multi-Site Journal Entries"
Section 38.5, "Creating Multi-Site Journal Entries for Elimination"
From Financial Reports (G10), choose Multi-Site Consolidations
From Multi-Site Consolidations (G1021), choose Journal Entry Review
Before you process a batch, you can review and correct journal entries for multi-site consolidations. You can review individual journal entries that have been created in the Journal Entry Transactions Batch table.
From Financial Reports (G10), choose Multi-Site Consolidations
From Multi-Site Consolidations (G1021), choose Journal Entry Revisions
After you review journal entries for multi-site consolidations, you might need to make additions or corrections before you process them.
From Financial Reports (G10), choose Multi-Site Consolidations
From Multi-Site Consolidations (G1021), choose Process Batch Journal Entry Revisions
After you review and revise journal entries for multi-site consolidations, you can process the batch information.
From Financial Reports (G10), choose Multi-Site Consolidations
From Multi-Site Consolidations (G1021), choose Processed Journal Entry Purge
The system holds processed journal entries in the batch table until you globally purge them. You should purge batches after they have been successfully processed.
From Financial Reports (G10), choose Multi-Site Consolidations
From Multi-Site Consolidations (G1021), choose Create Eliminating Entries
You might need to eliminate intercompany transactions at the target location before you run reports.
The Create Eliminating Entries program creates offsetting journal entries to eliminate two types of intercompany transactions:
Transactions between companies that are consolidated at the target
Automatic intercompany settlements that result from intercompany transactions
The system reads the Consolidation Definition (F1017) table to determine how to process the eliminations. The system creates the offsetting journal entries in the Account Ledger (F0911) table.
You can run this batch program in proof or final mode. In proof mode, the system prints a report that lists the journal entries but does not update the Account Ledger table.
In final mode, the system creates the journal entries in the Account Ledger table. The system prints the report if you set the corresponding processing option.