Managing eliminations

Elimination definitions

  1. Select Modules > Consolidation > Processes.
  2. Click the Debts tab or the Expenditures/Revenue tab according to the type of elimination to manage.
  3. Perform one of these actions:
    Option Description
    Click the + icon Displays the Add Elimination dialog box.
    Select an elimination and click the Edit icon Displays the Edit Elimination dialog box.
  4. Specify this information:
    Id
    Specify an ID for the elimination.
    Name
    Specify a name for the elimination.
    Optionally, click the Translate Name icon and specify translations for the name in one or more languages.
    Threshold
    Specify the threshold at which the elimination applies.
  5. Click the lookup icons to select values for these items:
    • Currency Translation Differences Account
    • Detail for Currency Translation Differences
    • Other Differences Account
    • Detail for Other Differences
    • Account Set
    • Contra-Account Set
    For the Account Set and Contra-Account Set, you can select multiple values.
  6. Click + Add to save the elimination.
    You can save an elimination when you have specified its ID, name, and threshold. An elimination is marked as configured when group accounts are specified for all items that require them. Schedule details are optional for those items that support them.