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P&L Auto Eliminations

in Financial Consolidation and Close 3 comments

Summary:

P&L Auto Eliminations

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Internal customer wants to know if there is any way to do P&L automatic eliminations in FCCS without creating plug accounts. Today, manual eliminations are done in General Ledger. Based on the Intercompany Revenue transactions, customer is manually reducing Revenue and Cost accounts in the General Ledger. Is there a way to automatically eliminate the Revenue and Cost accounts WITHOUT creating a separate PLUG account in FCCS? We do not want to reload any historical data.

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