26 Overview to Elimination Entry Creation

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

Description of Figure 26-1 follows
Description of "Figure 26-1 Consolidating to Send to a Central Location"

At each source location, the process consists of the following steps:

  1. Define the business unit structure

  2. Define the account structure

  3. Define elimination rules

  4. Process Eliminations

  5. Create Eliminating entries