SIMPLIFICATION OF ELIMINATION title: simplification of elimination (FI-LC) (SAP Library - Glossary)
SIMPLIFICATION OF ELIMINATION category: Consolidation (FI-LC)
SIMPLIFICATION OF ELIMINATION explained:
A simplification often occurs when eliminating intercompany (IC) revenue and expense.
By contrast, the elimination of IC payables and receivables involves only a few balance sheet items - the reported consolidation data is therefore reconciled very accurately.
However, the elimination of IC revenue and expense can involve many more items in the income statement. To simplify these eliminations, you can perform one-sided eliminations. That is, the elimination is based on the data of only one company, instead of two.
Example
The cost of sales for companies A and B is eliminated, each on the basis of the sales of the other company. There are no elimination differences.More terms such as simplification of elimination in Dictionary S.
- Manual Sole Provider:
- Help that, from the customer's perspective, is solely responsible for all services, and is the owner of the all receivables contained in the bill. All the receivables for which the customer is billed simplification of elimination definition.
- Manual Session Dispatching:
- Help An SAP Web dispatcher procedure to forward stateful requests. The session ID table in the shared memory is used for this simplification of elimination explain.
- Manual SIREN Number:
- Help number, in France, assigned to legal persons, and natural persons engaged in commercial activities. You are assigned a SIREN number when you enter your business in the commercial register (SIRENE simplification of elimination what is.
- Manual Single-Selection Mode:
- Help This is an edit mode that allows the user to select and edit one data record in the result list simplification of elimination meaning.
- Manual Settlement Unit (IS-U-EDM):
- Help Virtual entity for which a settlement coordinator compares energy used and energy supplied. A settlement unit contains the points of delivery that are to be settled as a group simplification of elimination abbreviation.
