OC89 - Intercompany Elimination

SAP Transaction Code - Details

• Transaction Code: OC89

  Description: Intercompany Elimination

  Release: S/4HANA and ECC 6

• • Program: RGCSKO00

    Screen: 0

    Authorization Object:

  • Development Package: FK

    Package Description: FI-LC Consolidation

    Parent Package: APPL_NU

  • Module/Component: FI-LC-LC

    Description: Basic Functions

Smart SAP Assistant

• SAP Tcode: OC89 - Intercompany Elimination

  
  Overview:
  SAP transaction code OC89 is used to eliminate intercompany transactions. This process is used to ensure that the financial statements of a company accurately reflect the transactions between two or more companies within the same group. 
  
  Functionality: 
  The OC89 transaction code allows users to eliminate intercompany transactions by creating a document that records the offsetting entries for each company. This document is then used to adjust the financial statements of each company, ensuring that the transactions are accurately reflected in the financial statements. 
  
  Step-by-step How to Use: 
  1. Enter transaction code OC89 in the SAP command field. 
  2. Select the company code for which you want to eliminate intercompany transactions. 
  3. Enter the document date and posting date for the elimination document. 
  4. Enter the offsetting entries for each company in the elimination document. 
  5. Save and post the elimination document. 
  6. Check that the elimination document has been posted correctly by running a report on it. 
  
  Other Recommendations: 
  It is important to ensure that all intercompany transactions are eliminated correctly, as this can have a significant impact on a company’s financial statements. It is therefore recommended that users regularly review and reconcile their intercompany transactions to ensure accuracy and compliance with accounting standards.