term interunit profit loss what is
Meaning of interunit profit and loss. What is it: and sell goods and services from each other.

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Definition interunit profit and loss

INTERUNIT PROFIT AND LOSS title: interunit profit and loss (EC-CS) (SAP Library - Glossary)
INTERUNIT PROFIT AND LOSS category: Consolidation (EC-CS)
INTERUNIT PROFIT AND LOSS explained:

A situation that occurs when internal trading partners buy and sell goods and services from each other.

These business transactions either affect transferred assets or inventory.

Interunit profit and loss is the difference between the book value from the individual financial statements and the value to be reported for the group. A positive difference indicates interunit profit and a negative difference indicates interunit loss.

More terms such as interunit profit and loss in Dictionary I.

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