Intercompany Profit
Intercompany profit resulting from trade with
other companies in the same group has to be eliminated.
In IBM® Cognos Controller, intercompany profit margins and intercompany inventory are reported using intercompany accounts. The accounts are reconciled with each other and used to calculate intercompany profit according to one or more pre-defined control tables. The reconciliation and calculation of internal profit are then used in reconciliation reports and for manual or automatic elimination journals.