Enter Data in the Investment Elimination Template

You can enter data in the investment elimination template.

Note:

If you store investments in the group currency, you must select in which currency to enter the investment elimination template when you open this window for the first time. The currency in which the investment elimination template is stored is usually the parent's local currency.
If you store investments in local currency, the currency in which the investment elimination template is stored is the acquired company's local currency.
If the check box Force Balance Control in the general configuration, on the General 2 tab, is selected, you can not exit the window before all transactions balance. Please see Debit and Credit in the lower left corner of the window.
If you want to enter investment accounts that do not affect the investment in subsidiaries account you only enter company code and transaction date in the window Data Entry - Shareholdings and Investments in Group Companies.
Storing investment elimination template in the local currency: It is important to enter a local amount for the Investments in Subsidiaries accounts. Otherwise, the system will not be able to calculate the conversion differences on the accounts for Investments in Subsidiaries. All accounts regarding Share Capital also has to be included in the control table for automatic journal E150.
When storing investment elimination templates in the group currency it is important to enter the local amount for the share capital accounts in the Historical Rates window. Otherwise, the system will not be able to calculate the conversion difference on the account Share Capital. To be able to analyze the conversion difference from investment date on the rest of the investment elimination template you need to enter a local amount for these accounts as well. For information about the consequences, see Enter Historical Rates for Investments. All accounts also need to be included in the control table for automatic journal E150.

Procedure

On the Group menu, choose the Data Entry/Shareholdings and Investments in Group Companies menu, select the relevant investment and click the Investment Elimination Template button. The Investment Elimination Template window opens. The account Investments in Subsidiaries is automatically displayed and the amount is presented with the opposite sign as in the Data Entry - Shareholdings and Investments in Group Companies window. If the investments are stored in the local currency and this is not the same currency as the parent company, the amount is not automatically displayed. See below for a description on how you can enter a historical rate.
Enter one investment account at a time. The account name is automatically displayed. Enter the dimension codes.

Note: If you don't have any dimensions on the account, you can still enter the dimensions needed for booking the elimination. If you use an account that has dimensions, it is mandatory to select the dimensions you want to use.
Enter the journal type or click the Browse button to open a list of available codes.
Enter the amount for each investment account.

Depending on the settings in the General Configuration, General 3 tab, the amount column will be displayed as one Amount column or as separate Debit and Credit columns.
If applicable, enter information about depreciation. To view the depreciation for a specific account, select the row of the surplus value/goodwill and click the Depreciation Detail button on the right-hand side toolbar. The Depreciation Details window opens. If the depreciation rate is 0%, the window is read-only.
If applicable, enter the link date or click the Browse button to open the Select Transaction to Link With window. This window contains all transactions defined with a depreciation percentage, but no link date, where the transaction date precedes the present date and the currency code is the same as for the current transaction. Select the row of the transaction you want to link the current depreciation to and click OK. The Select Transaction to Link With window closes and the selected link date appears in the Link Date column.
To enter historical investment rates, select a row and click the Historical Rates button on the right-hand side toolbar to open the Historical Rates window.
Click Save.

Note: In the Investment Elimination Template, the defined linked structure (Account/Extended Dimension 1-4) is not applicable for non-investment accounts. In the Investment Elimination Template, only accounts with investment code I are restricted to this linked structure limitation.