Define Control Tables - Elimination of Associated and Joint Venture Companies

Follow the next steps to define how the elimination of associated and joint venture companies will be performed.

Note:
  • Closing Version should normally not be used for this control table.
  • Offset Account is not in use for this control table.
  • Journal Type should normally not be used. A blank journal type means that the journal will be booked on the same journal types as the calculation basis.
  • Once this automatic journal is activated and has a journal number it will be run during the consolidation process. 100% on all accounts will be eliminated.

Procedure

  1. On the Maintain menu, click Configuration/Automatic Journals/Control Tables/Acquisition Calculations. The Control Tables - Acquisition Calculations window opens.
  2. Select the control table E210, Elimination of Associated/Joint Venture Companies. Click OK.
  3. Enter a journal number. The automatic journal type 60 is displayed automatically.
  4. It is possible to select a contribution version.

    You should select a contribution version consisting of base values and any automatic journal types (for example 70) that should be handled in the same way as the base values. Note that by leaving the contribution version field blank, base values and automatic journals with a level lower than E210 will be used as calculation basis. This includes IC and IP.

  5. Click Save.