What is one-sided interunit elimination in SAP EC-CS - Consolidation?

SAP Term: one-sided interunit elimination

• Component: EC-CS

• Component Name: Consolidation

• Description: A simplification of interunit IU elimination, where the elimination entries are performed based exclusively on the reported data of one consolidation unit. The same amount is assumed for the offsetting elimination entry. One-sided IU elimination is, in particular, applied to the elimination of IU revenue and expense.

Smart SAP Assistant

• Key Concepts: 
  One-sided interunit elimination is a feature of the SAP EC-CS Consolidation component. It allows for the elimination of intercompany transactions between two or more consolidated companies. This eliminates the need to manually adjust the financial statements of each company to account for the transactions. 
  
  How to use it: 
  To use one-sided interunit elimination, you must first set up the consolidation structure in SAP EC-CS. This includes defining the consolidation hierarchy, setting up the consolidation rules, and mapping the accounts. Once this is done, you can then use one-sided interunit elimination to eliminate intercompany transactions between consolidated companies. 
  
  Tips & Tricks: 
  When setting up one-sided interunit elimination, it is important to ensure that all accounts are mapped correctly and that all consolidation rules are properly configured. This will ensure that all transactions are eliminated correctly and that the financial statements of each company are accurately adjusted. 
  
  Related Information: 
  For more information on one-sided interunit elimination, please refer to the SAP Help documentation for EC-CS Consolidation. Additionally, there are several online resources available that provide detailed instructions on how to set up and use one-sided interunit elimination in SAP EC-CS.