term elimination intercompany what is
Meaning of elimination of intercompany revenue and expense. What is it: from delivery and service.

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Definition elimination of intercompany revenue and expense

ELIMINATION OF INTERCOMPANY REVENUE AND EXPENSE title: elimination of intercompany revenue and expense (FI-LC) (SAP Library - Glossary)
ELIMINATION OF INTERCOMPANY REVENUE AND EXPENSE category: Consolidation (FI-LC)
ELIMINATION OF INTERCOMPANY REVENUE AND EXPENSE explained:

A consolidation activity in which all revenue and expenses from delivery and service relationships between the companies of a consolidated group are eliminated according to the single entity theory.

The regroupings that are also necessary when the period accounting procedure is used (sales revenue against changes in stock or other capitalized services) are realized in FI-LC as reclassifications.

The elimination of revenue and expense is done in company pairs; a possible difference can be analyzed according to differences caused by different exchange rates or other causes, and then posted.

More terms such as elimination of intercompany revenue and expense in Dictionary E.

Manual Employee:
Help A HR Funds and Position Management function used to map the financing details of an employee within an organizational context elimination of intercompany revenue and expense definition.
Manual Excess Demand:
Help Positive difference of the demand actually used and the demand agreed upon in the contract elimination of intercompany revenue and expense explain.
Manual Execution Service:
Help by cost planning with the Easy Cost Planning function. For internal orders, work breakdown structure elements, and internal service requests, once you have planned the costs, you can trigger the elimination of intercompany revenue and expense what is.
Manual Exception Reporting:
Help deviating and critical objects for a query. Deviations from defined threshold values (exceptions) are highlighted in a different color or annotated with symbols so that unusual deviations from the elimination of intercompany revenue and expense meaning.
Manual Element Type (BC-SRV-RM):
Help elements. An element type is the starting point for a user when checking new elements into Records Management or when searching for elements. On a technical level, an element type is a set of elimination of intercompany revenue and expense abbreviation.
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