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Eliminination and Adjustment for Income and EXPENSES

Hello Experts,

I am configuring Eliminations AR - AP and INcome and Expenses.

As far as I unserstood to configure AR - AP Eliminations, Eliminations and Adjustments functionality is configure.

To configure eliminations for Income and Expenseses I understood US Elimination is used. Am I right.

My question is: I saw that it is possible to configure elimination for Income and Expenses usieng Elimination and Adjustment. Is it a good practice? I ask bc when I use US ELIM I lost the track of the origin since all eliminations are made to E_CG1 (Elimination entity for group).

Any suggestions.

Thanks for the posts.

Best Regards.

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2 Answers

  • Best Answer
    Dec 06, 2017 at 08:45 AM

    You can definitely use Elimination and Adjustments for IC Elims, and you're right, it doesn't need a elimination entity.

    From your other threads, it seems like you have the ownership structure already so you ought to use Elims and Adjus only.

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  • Dec 06, 2017 at 06:34 AM

    I recommend you to install IFRS starter kit and read all documentation for this kit.

    P.S. Documentation is here: https://help.sap.com/viewer/product/SAP_BUSINESS_PLANNING_AND_CONSOLIDATION,_VERSION_FOR_SAP_NETWEAVER/10.0.23.0/en-US

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    • Thank you very much for your answer Vadim, I'll chec the documentation. I thouhgt US ELIM where for income statmement (income and expenses, that is why i was asking to make sure), I also saw that is possible to do those IC using Elimination and Adjustments, and its better for the customer because that way it is easier to identify in wich Company Code with wich INTERCO the elimination were perform. Using US elim, is not that easy or flat, identify in which company the elim were performed because the elim is done in the Elimination Entity. .

      Than you very much again for your answer ill read the documentation.

      Best Regards