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Setting Up Elimination Subsidiary & Currency
Dear all
Hope someone can enlighten me whether my understand of setting up Elimination subsidiary are correct below.
1. Each Child level of One World Subsidiary should have an Elimination Subsidiary created
2.Elimination Subsidiary currency should be same as the parent Subsidiary's currency
Please see below example.
First child level, the Elimination Subsi (Elim-1) currency is set to follow the parent subsi (Co A) currency.
Second child level, the Elim-2 subsidiary currency is set to follow Co E's currency which is MYR
Third child level, although only one subsidiary Co E31, Still need to create a Elim-3 with currency = Co E3 subsi.
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