Dear All,
Namaste..
this is my first post on SAP SCN. feeling like first day of school. excited yet nervous. how people judge me ! I think I m going to tell something sensible
but what if adroit will find it buffoon's thought. but I think if I want to be graduate I have to face first day of school..
I have a situation where there is one parent company in India and four subsidiaries in different countries. all are on sap platform with different company codes and follows uniform fiscal year.
although we have facility to consolidate financial statement in SAP by "Consolidation" module, I have other idea of doing same.
with a vanilla example I will elaborate the same.
Suppose there is Parent Company P and Subsidiary S. P sold goods at price 100 to S. assuming that these goods are sold by S to out side world and there
is no other transaction in the current year in both the companies, following will be the financial statement of P and S
![so1.png]()
All company's stand alone financials statements can be drilled down by F.01 with proper FSV. but if I want conso financial statement I have to do inter
company adjustment. for that if I create a new company code Say 9999 and if I extend GL, Vendor and Debtor in this company code and do journal entries as follows
- Sale Dr 100
to Purchase Cr 100
- Debtors Cr 100
to Creditors Dr 100
and then if I populate all three company codes in F.01 with proper FSV and execute financial statement. I will get consolidate financial statement which
will show only those transaction which are other than inter co. i.e in our case nothing.
However this was very simple example but when it comes with 6 inter company and voluminous transactions it becomes difficult to gather data for such inter company eliminations. If we create z report for such elimination which gets data for entire group companies and post journal entries for elimination in company code 9999. it becomes easy task.
Thanks & Regards
CA Chintan Trivedi
I am beginner in sap and taking training for FI module. I have functional specification of z report for inter company elimination if any one like to comment on.