Hi Friends
Can anyone help me regarding elimination entries during consolidation.
My scenario is
company A - Ledger Account Balance (Sales) = Rs .10000
Company B- Ledger Account Balance (Sales) = Rs. 15000 (Rs. 5000 sales is made to company A)
I Created a consolidated company C which after consolidation shows total of Rs. 25000
But since Company B has intercompany sales of Rs. 5000. I want to eliminate this 5000
In consolidatation company I want Ledger account Balance (Sales) = 20000.
Thanks & Regards
RKS
