1.

How Do You Eliminate Intercompany Transactions?

Answer»

Intercompany transactions are eliminated through PLUG ACCOUNT.

Steps:

  • Create plug account in account dimension
  • Tick the CHECK box called IS ICP in account dimension
  • Tick the check box called IS ICP in ENTITY dimension
  • Load the ICP rule file.
  • Then automatically the difference between the Intercompany transactions will be transferred to plug account

Intercompany transactions are eliminated through plug account.

Steps:


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