What is intra-group-trans. elimination in SAP FS-PER - SAP Profitability and Performance Management?

SAP Term: intra-group-trans. elimination

• Component: FS-PER

• Component Name: SAP Profitability and Performance Management

• Description: Function to perform the nivellation of intragroup transactions

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• Key Concepts:
  Intra-group-trans. elimination is a feature of SAP Profitability and Performance Management (FS-PER) that allows companies to eliminate intercompany transactions from their financial statements. This eliminates the need to manually adjust the financial statements for intercompany transactions, which can be time consuming and prone to errors.
  
  How to use it:
  To use intra-group-trans. elimination, companies must first set up the feature in their SAP system. This involves setting up the necessary accounts and mapping them to the appropriate intercompany transactions. Once this is done, the feature can be used to automatically eliminate intercompany transactions from the financial statements.
  
  Tips & Tricks:
  When setting up intra-group-trans. elimination, it is important to ensure that all of the necessary accounts are mapped correctly. This will ensure that all of the intercompany transactions are eliminated correctly and that there are no errors in the financial statements.
  
  Related Information:
  Intra-group-trans. elimination is just one of many features of SAP Profitability and Performance Management (FS-PER). Other features include cost allocation, profitability analysis, and budgeting.