Configuring the Intercompany Profit Elimination process

  1. In Business Modeling, select Modules > Consolidation > Processes and click the Other tab.
  2. Select the I process from the list of processes and click the Edit icon.
  3. Click the lookup icons to select values for these items:
    • Inventory Accounts
    • Inventory Account Detail
    • Inventory Contra-Account
    • Inventory Contra-Account Detail

    You can select multiple inventory accounts that have the same schedule detail. You can select only one inventory contra-account.

  4. Click Save.
    A process is marked as configured when all required group accounts and schedule details are specified.
  5. To enable the Intercompany Profit Elimination process, in the Enabled column of the list of processes, select the check box of the I process.
  6. Click Save.
  7. To enable the consolidation process configuration to take effect, publish the model.
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