Hello Everyone,
I am finding it hard to find explicit information on how to do elimination journal and what I have read this far is conflicting. I am trying to find out after I have done the consolidation in V20.02 cloud base business central - I run the G/L Consolidation Elimination report which asked me to insert a journal template name and journal batch, so naturally I assumed it would insert the elimination entries into that batch. but nothing happened. Not only when I rerun the report, the list that was there before vanished and I can't seem to reprint or find those entries.
Everyone is talking about an elimination rule but that does not exist in Business central and there is no setup that I can see with all the video that I have watched that I did not setup. Please am I missing something?
I think I have to do the elimination journal manually but how do I see which entries unless I scrutinise the whole trial balance of 16 companies which you can see, that would be a nightmare.
please don't refer me to this site Consolidation and elimination overview - Finance | Dynamics 365 | Microsoft Docs because I just can't understand what they mean by consolidation online, I don't think this is for Business central V20.02 Saas. I just don't have any option to post anything, anywhere - sorry a bit frustrated.
- I prefer to post eliminations in a database. What are my options?
You have multiple options. You can use the Consolidate online option, and include eliminations during the process or as a proposal. The transactions will be posted in the consolidation company. Alternatively, you can have a separate company that you manually create the eliminations in, and then use that company in Financial reporting or in the consolidation process.
Thank you in advance for your help
Sylviane
