How would you automate the process of creating eliminat…

Your customer has many eliminating entries to eliminate intercompany balances. The General Ledger does not
include a purpose-built Consolidation feature.
How would you automate the process of creating eliminating entries, assuming your customer is not using
Oracle Hyperion Financial Close Management?

Your customer has many eliminating entries to eliminate intercompany balances. The General Ledger does not
include a purpose-built Consolidation feature.
How would you automate the process of creating eliminating entries, assuming your customer is not using
Oracle Hyperion Financial Close Management?

A.
There is no way to automate this process if the customer is not using Oracle Hyperion Financial Close
Management.

B.
Use the spreadsheet template that is accessed from the “Create Journal in Spreadsheet” task and import
the spreadsheet with the eliminating entries every period.

C.
Use the General Ledger’s Calculation Manager to define an allocation definition to eliminate entries that you
can generate every period.

D.
Create a manual journal that includes the eliminating entries, and then create a copy of the journal batch
every period.



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