---
title: "Wizard for Lump Sum Elimination of Intercompany Debt"
description: "Configuring the wizard-assisted, lump-sum elimination of debts and receivables between affiliated companies."
source_url: https://support.lucanet.com/en/documentation/consolidation-financial-planning/consolidation/consolidation-1/create-configure-consolidation-wizards/wizard-lump-sum-elimination-intercompany-debt
language: en
last_updated: 2026-07-20
---
# 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

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:

| Option | Description |
|---|---|
| **Name** | Name of the wizard |
| **Period** | Time period for which the elimination is to be performed |
| **Cost center** | Cost center for the postings |
| **Currency** | Currency, in which the consolidation postings are to be made. By default, the transaction currency of the consolidation area is used. |
| **Basis** | Adjustment level with the data for the generation of the consolidation postings |
| **Target** | Adjustment 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:

| Option | Description |
|---|---|
| **Refresh** | Refreshes the values in the wizard. |
| **Resolve differences** | Automatically 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 values** | Hides all reporting entities that do not contain any values. |
| **Threshold for Display** | Differences above the entered value are highlighted in red in the **Balances** area. |
| **Transaction types/Partner** | Shows 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