E775: Elimination of Investments, All Subsidiaries (xdb)

This automatic journal eliminates the investments on the subsidiaries. It is used when investment values are stored in the period database on the intercompany accounts. The elimination is booked on automatic journal type 10. This control table is mainly used in Belgium, France and Spain. It is possible to select a contribution version and selection method.

You eliminate registered accounts in the control table E775 against the same offset account as in E770. The elimination is based on the investment account used by the parent.

E770 and E775 are only used if the investments are entered as intercompany values and not in the investment register.