What is the primary function of enabling Track Intercompany Elimination during application creation?

What is the primary function of enabling Track Intercompany Elimination during application creation?

• A. enables the Elimination member in the Consolidation dimension
• B. process will separate total elimination values by Data Source
• C. enables the application to include Intercompany data
• D. enables the application to perform Intercompany eliminations

Answer: (B)

Understanding how eliminations are reported, not just whether they happen, is what this setting focuses on. When you enable Track Intercompany Elimination during application creation, FCCS breaks out the intercompany elimination values by Data Source. This means you can see exactly how much of the elimination comes from each data source, which greatly helps with auditing and reconciliation of intercompany activity. This option isn’t simply turning on the elimination member, nor does it by itself determine whether intercompany data is included. It also doesn’t enable eliminations to run—the elimination process can occur with or without this tracking, but the key benefit is the detailed breakdown by Data Source.

Understanding how eliminations are reported, not just whether they happen, is what this setting focuses on. When you enable Track Intercompany Elimination during application creation, FCCS breaks out the intercompany elimination values by Data Source. This means you can see exactly how much of the elimination comes from each data source, which greatly helps with auditing and reconciliation of intercompany activity.

This option isn’t simply turning on the elimination member, nor does it by itself determine whether intercompany data is included. It also doesn’t enable eliminations to run—the elimination process can occur with or without this tracking, but the key benefit is the detailed breakdown by Data Source.