A consolidation activity that eliminates group-internal receivables (intercompany, or IC) and payables.
The terms, payables and receivables,are far reaching. For instance, they also encompass bonds, loans, appropriations, accruals and deferrals, unearned revenue, and so on, as long they are based on group-internal relationships.
From the group's point of view, the consolidated balance sheet may only include payables to and receivables from companies outside of the group, or companies that are not consolidated.
If the valuations of the group-internal debt or receivable items differ between the two companies, a difference occurs during their elimination. The elimination difference can be posted with or without affecting net income.
More terms such as elimination of IC payables & receivables in Dictionary E.
- Manual E-Business And E-Treasury:
- Help A key functional area of SAP for Financial Service Provider that enables financial institutions to set up any kind of Internet or intranet portal, using basic Internet technology elimination of ic payables & receivables definition.
- Manual E-Commerce Logon Procedure:
- Help Possible logon procedure for users accessing Web-based applications elimination of ic payables & receivables explain.
- Manual Effective Capital Per Payment:
- Help Net present value of a cash flow that is discounted by the effective interest rate on the evaluation date elimination of ic payables & receivables what is.
- Manual Element (BC-SRV-RM):
- Help information that is integrated in Records Management. An element is the smallest unit in Records Management. It can be integrated in the record, but can also exist in Records Management without being elimination of ic payables & receivables meaning.
- Manual Effectivity Parameter:
- Help determining the validity conditions for an effectivity type. The data element assigned to the parameter defines the properties of parameter values. For example, parameter SERNR (serial number) has elimination of ic payables & receivables abbreviation.
