Cumulative Translation Adjustment-Elimination (CTA-E)

The Cumulative Translation Adjustment-Elimination (CTA-E) account is a general ledger equity account required for processing intercompany eliminations in organizations that operate in multiple currencies. NetSuite adds CTA-E to your chart of accounts when you enable the Automated Intercompany Management feature. CTA-E has two purposes:

During intercompany eliminations, gains and losses from currency exchange rate fluctuation between the originating advanced intercompany journal and elimination journal entries automatically post to CTA-E.

You cannot delete the CTA-E account. The account has the following attributes:

Related Topics:

Key Points for Running Intercompany Elimination
Summarized Intercompany Elimination Journal Entries
Intercompany Elimination Example
Intercompany Elimination Overview

General Notices