Definition tab - Intercompany Eliminations
Intercompany matching is done by the Prepare Eliminations process. Transactions are matched in the specified currency. The matching process takes the results of the translation and compares the sum of the Match and With accounts. If the mismatched difference is greater than the specified tolerance, the mismatch amount is posted as specified in the Post lists.
Intercompany Eliminations journal adjustments post to an elimination unit.
| Option | Description |
|---|---|
| Select account from list | All schedule lines to which you have applied the Intercompany Account attribute are displayed in this list. You can select from the list or specify a word or phrase to search for an account. |
| Match / With |
Matching is done in any currency into which the Intercompany Eliminations account data has been translated. The matching process takes the results of the translation and compares the two accounts. Unmatched amounts left from this process are posted to the lines specified in the post remainder and post third-party accounts. You can specify as many Match and With accounts as needed but they must be from the same type of lines. For example, all P&L or all Balance Sheet accounts. If the journal is balanced, the Match and With accounts must have at least one account with a natural sign that is different than the other accounts. |
| Post debit remainder to / Post credit
remainder to Post third-party debit to / Post third-party credit to |
Accounts to which any remaining balance should be
booked. The Post third-party lists enable you to select the accounts to which any proportionally consolidated data should be posted. We recommend that the remainder accounts have the same line type as the Match or With accounts. |