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Wizard for Paired Elimination of Intercompany Income and Expense
Wizard for Lump Sum Elimination of Intercompany Income and Expense
Wizard for Elimination of Intercompany Income and Expense Based on Group-internal Revenue
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Glossary

Wizard for Elimination of Intercompany Income and Expense Based on Group-internal Revenue

Overview

The Elimination of intercompany income and expense based on group-internal revenue wizard enables the wizard-assisted elimination of expenses and income between affiliated companies. In this case, (revenue) accounts previously defined in the Consolidation areas workspace are offset with one or more expense accounts with allocation of a percentage.

The wizard for elimination of intercompany income and expense based on group-internal revenue is displayed as follows, for example:

Wizard for elimination of intercompany income and expense based on group-internal revenue
Wizard for elimination of intercompany income and expense based on group-internal revenue

The following options must be configured in the Elimination of intercompany income and expense based on group-internal revenue wizard:

General

Edit the general properties of the wizard for elimination of intercompany income and expense based on group-internal revenue in the top area of the detail view:

OptionDescription
NameName of the wizard
PeriodTime period for which the elimination is to be performed

Note: After the period has been changed, it is necessary to update the wizard (see the Updating Wizard note below).

Choose whether you want to perform consolidation for every month of the time period or for the entire period in the last month.

OptionDescription
Cost centerCost center for the postings
CurrencyCurrency, in which the consolidation postings are to be made. By default, the transaction currency of the consolidation area is used.
BasisAdjustment level with the data for the generation of the consolidation postings
TargetAdjustment level on which postings are to be made

Values

The accounts for the elimination of intercompany income and expense based on the group-internal revenue are displayed on the Values tab:

The following options are available:

OptionDescription
RefreshRefreshes the values in the wizard.
Resolve differencesAutomatically resolves any differences that may have occurred within a posting. Click on a row that contains differences and then click the Resolve differences command.
Show only reporting entities containing valuesHides all reporting entities that do not contain any values.
PartnerShows or hides the Partner column

'Basis' area: Accounts for related products according to the configuration of the wizard.

'To post' area: Displays the postings that the wizard carries out after saving.

The following options are available in the To post area:

  • Click a displayed difference account to change it if necessary.
  • Click + Add Row to insert a row and select an additional difference account.
  • If necessary, change the amounts to be posted to the difference account by clicking the respective amount.
  • If necessary, click the trash can icon if you want to delete a difference account.
Options in the 'To post' area
Options in the 'To post' area

If you change the configuration of a wizard in the Consolidation areas workspace and the change should take effect in the posting, the posting must be deleted in the journal and then created again because the Update wizard function only updates the values, but not the structure of the wizard-assisted posting.

Last updated on Jul 20, 2026

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