Enter an Investment Elimination Template

You use this function to enter the investment elimination template.

The account for Investments in Subsidiaries is automatically loaded from the previous window and the value is displayed with a reversed sign. Enter the following for each account:

Dimensions (if relevant)
Amount (as an amount with +/- or in the debit or credit column)
Optional supplementary information

Note: If you store investments in local currency, the investment is entered in the parent’s currency and the investment elimination in the subsidiary’s currency. If they are different you must manually enter the value on investments in subsidiaries in local currency in the investment elimination template.

If you configure the system to store investment elimination templates in the group’s currency, you must define which currency. You only need to define this the first time you open the window for this company. If you configure the system to store investments in the local currency, the values are automatically stored in the acquired company’s local currency.

If you configure the system to perform a balance control, you cannot save or close the window if the entered records do not balance. In the bottom left-hand corner, you will see the total of the debit or credit and any difference.

Procedure

Select Group/Data Entry/Shareholdings and Investments in Group Companies, make your viewpoint selection and click Open to display the shareholdings and investments. Select the relevant investment and click the Investment Elimination Template button.