E760: Transfer of Equity, Investments Adjustments

This control table creates an automatic journal, which eliminates amounts from the equity accounts in the subsidiaries. Automatic journal type 50 is used. The counter account to balance the journal is an offset account. That offset account should be the same as the offset account in the automatic journal created by E770 Elimination of Investments, Parent. The amount on the offset account should be zero on the group. This automatic journal is used in the Netherlands and Denmark.

You can enter an interval in From Account, on condition that there is an alphanumeric order in the account structure. You can also enter a summation account in From Account. If you leave the field blank in the To Account, the account or accounts defined as From accounts will be used when posting the eliminations. You cannot mix main accounts and movement accounts as From Accounts.