Intercompany Eliminations

HFM uses the Account, ICP, and Value dimensions to process Intercompany (ICP) matching and eliminations. This functionality matches values between ICP accounts that share a common suspense account (plug account), automatically creates eliminations at the proper entity levels for each intercompany account, and writes unresolved differences into the specified suspense account (plug account). The first concern people have is that HFM is somehow plugging the data in the consolidation. It actually isn’t working quite that way.

In Figure 2-8 we show how this elimination works. For each intercompany transaction that is eliminating, HFM will create both sides of the entry that offsets the data value from the intercompany account, ...

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