How can I set up a consolidated report to eliminate intercompany transactions between Company A (Branch AA) and Company B? I attempted to use the Consolidation in Acumatica but couldn't get it to work. Any advice on what I might be missing?
Thank you for your support!
Best answer by Laura03
Hello,
You can configure a Balance Sheet or Income Statement with Eliminations using ARM reports (In Finance - Preferences section):
In the Column Set, you will add at least one Eliminations Column. The Eliminations column will include all Inter-company Due To/Due From Accounts. Alternatively, you could configure one Eliminations Column for Each Company.
Eliminations column may print or may be hidden. Eliminations may be subtracted from the total of previous Columns, to produce a Company-wide balance sheet that does not include eliminations.
I hope this helps you.
Laura
+20Hello,
You can configure a Balance Sheet or Income Statement with Eliminations using ARM reports (In Finance - Preferences section):
In the Column Set, you will add at least one Eliminations Column. The Eliminations column will include all Inter-company Due To/Due From Accounts. Alternatively, you could configure one Eliminations Column for Each Company.
Eliminations column may print or may be hidden. Eliminations may be subtracted from the total of previous Columns, to produce a Company-wide balance sheet that does not include eliminations.
I hope this helps you.
Laura
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