Account selection

In the sections Accounts and Contra accounts, select the accounts that are used by the consolidation rules. Click the Edit account list or Edit contra account list button to add or remove accounts. The Select Element dialog opens where the list of accounts is displayed. To add an account, select the account's check box. To remove an account, clear the account's check box. The number of accounts and contra accounts must be identical.

Note: You can only select the accounts that are specified in the configuration of the chart of accounts for the consolidation type. You cannot assign an account to various consolidation types.

Partner-related elimination entries are transactions between two consolidation units, for example, the elimination of accounts receivable of one company by the accounts payable of another. Unilateral eliminations are only posted to one consolidation unit, for example, when eliminating group-internal provisions.

If also the balance is offset in an elimination entry, the differences resulting from the elimination of items and contra-items are shown or posted automatically up to the specified threshold value. If the elimination is posted without setting off the balance, the balance shown on the account is posted to the assigned contra account to exclude the elimination differences.

Note: You configure the basic settings for consolidation rules. You must use the consolidation rules in the Rule Editor in Financial Consolidation for the settings to take effect.