Intercompany Payable/Receivable Elimination

I want to transfer cash between two Legal Entities, LE (10) & LE (20) For transferring any cash it should route in the form of invoicing as VAT is to be charged.

Accounting entries module wise:

I created an Invoice in Oracle Payables for making payment:

10-Intercompany Receivable-20       100 Dr

10-VAT IN-00                                   10 Dr

10-Liability-00                                 110 Cr

Payment:

10-Liability-00                                 110 Dr

10-Bank-00                                     110 Cr

 I created a transaction to receive money in Receivables:

20-Receivable-00                             110 Dr

20-VAT OUT-00                                 10 Cr

20-Intercompany Payable-01             100 Cr

Receipt:

20-Bank-00                                      110 Dr

20-Receivable-00                             110 Cr

 Now finally money is transferred journals & are balanced also

 Now in General Ledger, my intercompany Payables & Receivables are there

 How would i close these entries, i.e. i guess elimination