What is elimination of internal business volume in SAP CO - Controlling?

SAP Term: elimination of internal business volume

• Component: CO

• Component Name: Controlling

• Description: Ensures that the transaction data between account assignment objects with the same profit center assignment in Profit Center Accounting is not updated.

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• Key Concepts: 
  Elimination of internal business volume is a process in SAP Controlling (CO) that eliminates the internal business volume of a company from its financial statements. This process is used to ensure that the financial statements accurately reflect the company's external business volume. 
  
  How to use it: 
  In SAP Controlling, the elimination of internal business volume is done by setting up an internal business volume elimination account. This account is used to record the transactions related to the elimination of internal business volume. The transactions are then posted to the account and the resulting balance is used to adjust the financial statements. 
  
  Tips & Tricks: 
  When setting up an internal business volume elimination account, it is important to ensure that all transactions related to the elimination of internal business volume are recorded in the account. This will ensure that the financial statements accurately reflect the company's external business volume. 
  
  Related Information: 
  For more information on how to set up an internal business volume elimination account in SAP Controlling, please refer to SAP Help documentation.