Help & Support ↗ Lucanet Learning Space ↗
Getting Started
Global Functions
Lucanet Lume
Administration
Extended Planning & Analysis (xP&A)
Consolidation & Financial Planning
User Interface of Lucanet Consolidation & Financial Planning
General Functions
Basic Configuration
Dashboards
Reporting & Analyzing
Import and Journals
Planning
Consolidation
Consolidation 1
All Steps at a Glance
Creating and Configuring Consolidation Areas
Creating and Editing Configurations
Creating and Configuring Consolidation Wizards
Wizard for Paired Elimination of Intercompany Debt
Wizard for Lump Sum Elimination of Intercompany Debt
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
Wizard for Inventory Consolidation
Automatic Cancellation in the First Planning Month
Consolidation 2
Dimensions
Excel-Integration
Workspace Configuration
ESG Reporting
Disclosure Management
XBRL Tagger
Lease Accounting
Banking & Cash Management
Data Collection
Tax Compliance & Reporting
Glossary

Wizard for Lump Sum Elimination of Intercompany Debt

Overview

The Lump sum elimination of intercompany debt wizard allows you to perform a wizard-assisted elimination of debts and receivables between affiliated companies. This involves offsetting accounts previously defined in the Consolidation areas workspace against one another on a lump sum basis.

The wizard for lump sum elimination of intercompany debt is displayed as follows, for example:

Wizard for lump sum elimination of intercompany debt
Wizard for lump sum elimination of intercompany debt

The following options must be configured in the Lump sum elimination of intercompany debt wizard:

General

Edit the general properties of the wizard for lump sum elimination of intercompany debt in the top area of the detail view:

OptionDescription
NameName of the wizard
PeriodTime period for which the elimination is to be performed
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 and values for the lump sum elimination of intercompany debt are displayed on the Values tab:

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.
Threshold for DisplayDifferences above the entered value are highlighted in red in the Balances area.
Transaction types/PartnerShows or hides the Transaction types column or the Partner column.

'Balances' area: The Balances area shows the accounts to be offset against each other according to the configuration of the wizard.

  • If the receivables correspond to the liabilities within the combined pair, the value is displayed in green.
  • If there is a difference, it is displayed in red or green – according to the definition of the threshold value.
  • To obtain detailed information, click the arrow in front of the desired item.

'To post' area: The 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.
  • Click + Add Row to insert a row and select an additional difference account.
  • Change the amounts to be posted to the difference account by clicking the respective amount.
  • Select Debit or Credit from the displayed drop-down list.
  • 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

Last updated on Jul 20, 2026

Table of Contents
OverviewGeneralValues
Related Articles

Company

Legal Notice

© Copyright 2026 - Lucanet AG