Secondary Balance Eliminations
Summary
Secondary Balance EliminationsContent
Hi All,
Our ERP CoA setup is as follows:
- Entity - Primary Balancing Segment
- OU - Normal segment
......
- Account
- InterEntity Segment
The OU segment represents various areas of our business. While this is not a balancing segment there are certain cases where within one entity diff segments talk to each other (e.g. E1, OU1 and OU2 have Rev / Exp relationships). A sample entry would look like this:
E1.OU1...Exp.NOICP Dr
E1.OU2...Rev.NOICP Cr
Initially when we built our FCCS (older version), we merged the Entity and OU together creating a lot of combinations that kinda helped us with the elims (as ICP accounts were known).
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