What is elimination difference in SAP EC-CS - Consolidation?

SAP Term: elimination difference

• Component: EC-CS

• Component Name: Consolidation

• Description: The product of interunit eliminations when the two values do not coincide. When data is entered in transaction currency as well as local currency, these differences can be further classified as currency-related elimination differences, and other elimination differences. The system offers various strategies for posting the elimination differences. These strategies enable you to choose the consolidation unit that is to carry the incurred differences.

Smart SAP Assistant

• Key Concepts: 
  Elimination difference is a term used in the SAP EC-CS Consolidation component. It is the difference between the sum of the individual line items and the total of the consolidated line items. This difference is caused by the elimination of intercompany transactions, which are not included in the consolidated financial statements. 
  
  How to use it: 
  In SAP EC-CS Consolidation, elimination differences are calculated automatically when consolidating financial statements. The system will compare the sum of the individual line items to the total of the consolidated line items and calculate any differences. These differences can then be used to adjust the consolidated financial statements. 
  
  Tips & Tricks: 
  When calculating elimination differences, it is important to ensure that all intercompany transactions have been eliminated correctly. This can be done by double-checking that all intercompany transactions have been excluded from the consolidated financial statements. 
  
  Related Information: 
  For more information on elimination differences and how to use them in SAP EC-CS Consolidation, please refer to SAP Help documentation or contact your local SAP consultant.