---
title: "Wizard for Paired Elimination of Intercompany Debt"
description: "Configuring the wizard-assisted, pair-based 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-paired-elimination-intercompany-debt
language: en
last_updated: 2026-07-20
---
# Wizard for Paired Elimination of Intercompany Debt

## Overview

The **Paired elimination of intercompany debt** wizard enables the wizard-assisted elimination of debts and receivables between affiliated companies. Pair combinations of accounts are formed between reporting entities or cost centers based on settings previously made in the **Consolidation areas** workspace.

The wizard for **paired elimination of intercompany debt** is displayed as follows, for example:

Wizard for paired elimination of intercompany debt

The following options must be configured in the **Paired elimination of intercompany debt** wizard:

## General

Edit the general properties of the wizard for paired 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<br><br>**Note:** After the period has been changed, it is necessary to update the wizard (see section [Updating Wizard](#updating-wizard)). |
| **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

All **pair combinations** of reporting entities between which debt relationships exist are listed on the **Values** tab:

- 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 pair combination or item.

**Area 'Pair combinations'**

The following options are available in the **Pair combinations** area:

| 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. |

Select the pair combination in the table whose details you want to view or edit.

The following options are available in the table on the right:

| Option | Description |
|---|---|
| **Threshold for Display** | Differences above the entered value are highlighted in red in the **Pair combinations** area. |
| **Deferred taxes** | Displays the percentage for deferred taxes.<br><br>**Note:** You can currently only take deferred taxes into account and enter a tax rate in Lucanet.Financial Client. |
| **Transaction Types** | Shows or hides the **Transaction Types** column. |

## Updating Wizard

If you change the period in the **General** area, the message **Please update the consolidation wizard** is displayed. Proceed as follows in this case:

{% stepper %}
{% stepper-step %}
Click **Update wizard** in the **Pair combinations** area. The **Update wizard** dialog is displayed:

'Update wizard' dialog

{% /stepper-step %}
{% stepper-step %}
Choose the desired configuration for the paired elimination of intercompany debt.
{% /stepper-step %}
{% stepper-step %}
Define which elements should be updated. Do one of the following:
 - **Update pair combinations**, if only the pair combinations are to be updated.

**Note**: If the **Retain settings for already existing combinations** check box is deactivated, any settings already created might be overwritten by the configuration settings of the wizard.
 - **Fully update the wizard**, to update all settings in the wizard.
{% /stepper-step %}
{% stepper-step %}
Click **Update**.

{% /stepper-step %}
{% /stepper %}