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:
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).
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.