30 Consolidate Elimination Information

After you define the account and business unit summarization structures and the rules for elimination (consolidations) for the source company, you are ready to consolidate your elimination information.

This chapter contains these topics:

• Section 30.1, "Creating Elimination Balances"

• Section 30.2, "Verifying Elimination Balances"

30.1 Creating Elimination Balances

Navigation

From Financial Reports (G10), choose Eliminating Entry Creation

From Eliminating Entry Creation (G1021), choose Process Eliminations

When you create elimination balances, the system reads the business unit and account structures that you defined in the sequence that you specified. The system processes these structures based on the rules that you defined for eliminations consolidations based on the processing options. The system reads account balances from the Account Balances table (F0902) and does the following:

• Performs rounding

• Maintains the specified subledger and currency detail

• Creates account balances at the specified levels of detail

This batch program writes the consolidated balances to the Stand Alone Eliminations tables (F1001, F1002, and F1003).

30.1.1 What You Should Know About

Topic	Description
Processing a consolidation multiple times	The system keeps the elimination name and account balances in the Stand Alone Elimination tables until you delete them.

30.1.2 Processing Options

See Section 82.3, "Build Stand Alone Elimination Transfer File (P10550)"

30.1.3 Data Selection

Enter the name of the elimination. This is the name you assigned when you defined the rules.

30.2 Verifying Elimination Balances

When you process eliminations, the system produces the following reports:

• R105501 shows the summarized account balances that were written to the Stand Alone Elimination table for periods seven through 14.

• R10550 shows the summarized account balances that were written to the Stand Alone Elimination table for periods one through six.