Automatic Journal Categories
Category is a technical definition that determines
which database table to use and what kind of elimination to perform.
Category 17 is always booked on the lowest level and not where the
origin company and counter company meet in the structure. Using category
23 and 24 implies that the elimination is booked where the origin
company and the counter company meet in the structure. The base for
booked percentage comes from the origin company at the level in the
structure where the companies meet. For multiple owned companies category
23 books the elimination at the lowest level where the companies meet
in the structure. For category 24 these eliminations are booked at
all levels where the companies meet, using journal number 10000 as
the counter booking for lower level eliminations. Note that automatic
journals with counterpart information must have category 23 or 24
in order to be booked on the correct level in a legal consolidation
type.