Creating Intercompany Elimination Accounts

You must create intercompany elimination accounts before you can set preferences for the Intercompany Framework and Automated Intercompany Management features.

To create new intercompany elimination accounts:

  1. Go to Lists > Accounting > Accounts > New.

    Note:

    Your user role must have both Administrator Accounting and List Account permissions to create new accounts.

  2. Go to Lists > Accounting > Accounts > New.

  3. Complete the fields as required.

  4. Check the Eliminate Intercompany Transactions box.

  5. Select the subsidiaries to use the Intercompany Framework and Automated Intercompany Management features.

  6. Check the Include Children box.

    For information about the Include Children box, see Best Practices for Using the Intercompany Framework Feature.

  7. Click Save.

    For information about creating new accounts, see Creating Accounts.

Related Topics:

Defining Intercompany Preferences
Representing Entities
Processed Records
Process Status
Intercompany Preferences

General Notices