Eliminations
Eliminate intracompany balances across the reporting tree. Supports complex consolidations with multiple consolidation points.
What is Eliminations?
The Eliminations process is broken into two pieces. Equity eliminations are configured in the Eliminations Preference Screen and leverage the Unit Sets functionality of Acumatica, intercompany eliminations are configured in the chart or accounts.
Preferences
Unit
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Preferences
Options for Equity eliminations are set on this screen
Unit
This screen is used to create the reporting tree used for eliminations. The reporting tree does not always match the ownership tree. A common scenario for this is split ownership and intercompany accounts that cross consolidation points. The ECONSOL company at the bottom of the tree in this example is the highest level elimination company that will be used to record eliminations between the consolidation points.
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