term elimination what is
Meaning of simplification of elimination. What is it: IC) revenue and expense. By contrast, the.

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Definition simplification of elimination

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 Sandbox System:
Help An unsupported system available for SAP internal employees for testing and learning purposes simplification of elimination definition.
Manual Schedule Manager:
Help An object that uses extensive automation to enable, or simplify the definition, scheduling, execution and control of periodically recurring tasks, such as period-end closing simplification of elimination explain.
Manual Safety Stock Horizon:
Help considered by deployment in SNP if the push distribution rule Push taking the safety stock horizon into account is being used. The system only confirms planned issues that would have to be covered by simplification of elimination what is.
Manual Salary:
Help A periodic payment from the enterprise to an employee for work done. A salary is a fixed amount, specified within each individual employee's work agreement simplification of elimination meaning.
Manual Standalone Dispatcher:
Help In a mixed SAP Web AS installation (ABAP and J2EE), if an instance is meant to process J2EE requests only, the standalone dispatcher is required. This starts and monitors the J2EE engine simplification of elimination abbreviation.
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