Intercompany eliminations

Financial Consolidation lets you eliminate intercompany transactions to reflect the true position of your company. The Prepare Intercompany Eliminations process has been designed to automate the processes and identify differences between the business units that exceed a predefined tolerance level. A report eliminates the manual matching of reported and adjusted intercompany transactions by identifying intercompany discrepancies.

To implement the Prepare Intercompany Eliminations process, the administrator must first set up the intercompany components described in the Infor CPM Architect User Guide.

This chapter applies only to administrators or controllers with read-write access to the members selected for the journals. Budgeting-only users or users with non-administrator or non-controller roles are unable to run the Prepare Intercompany Eliminations process.