Define Equity Elimination Types

Explanation

This activity is used to define equity elimination types in order to categorize equity elimination transactions.

Prerequisites

In order to perform this activity, a company defined as Master Company for Group Consolidation must exist.

System Effects

As a result of this activity, equity elimination types to be used in the Acquisition Register window are defined.

Window

Equity Elimination Types

Related Window Descriptions

Equity Elimination Types

Procedure

To define equity elimination types:

1. Open the Equity Elimination Types window and create a new record.
2. Enter an ID for the equity elimination type in the Elimination Type field, and a description in the Elimination Type Description field.
3. Select the check box Post Exchange Difference in order to calculate and post exchange differences for the elimination type in the consolidation process.
4. Repeat steps 1-3 in order to enter all the required equity elimination types.
5. Save the information.