Eliminating Entry Creation enables you to consolidate intercompany account balances at a target location.
The information you consolidate is accessible to all standard JD Edwards World programs.
The process of creating eliminating entries (consolidating) includes:
Defining business unit structures
Defining account structures
Defining elimination rules
Consolidating elimination information
Two types of locations are involved include:
Location | Explanation |
---|---|
Source | Any of the locations where intercompany account balances exist. |
Target | The central location (headquarters) which receives the intercompany account balances. |
The following example illustrates how multiple source locations might consolidate intercompany account balances to send to a central target location:
Figure 26-1 Consolidating to Send to a Central Location
At each source location, the process consists of the following steps:
Define the business unit structure
Define the account structure
Define elimination rules
Process Eliminations
Create Eliminating entries