Recent content by meroe

  1. M

    UK Consolidation : how to eliminate intercompany Revenue / fixed asset transaction

    Our actual treatment is the following. Example 1 : The Interco margin is 500. We only eliminate this margin by the normal below : Debit expense (P&L account) : 500 Credit asset : 500 Example 2 : We eliminate only the margin that stays in the group : Debit expense (P&L) : 300 Credit fixed asset...
  2. M

    UK Consolidation : how to eliminate intercompany Revenue / fixed asset transaction

    Good morning, We have some doubts about the way the interco transactions are eliminated through the consolidation process. We would like to get a confirmation with regard to the elimination of the interco transactions. To make it clear, I will take examples. Company A and company B are under...
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