Reversals into a higher Elimination Subsidiary

Can anyone suggest a process of bringing in Reversals up to a higher level Elimination subsidiary?

Example: Subsidiary A, B elimates into Elimation 1. However, above A B there’s another sub called B. B Eliminates into Elimation 2.

Need to do reversals between A and B. How can these be expressed in Elimation 2, please?

No idea or suggestion would be too far fetched.

Thank you

Rookie Asked on October 25, 2019 in Accounting.
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1 Answer(s)

Your best bet might be to run a script after NS posts its elimination, and just have that script create equal reversals in Elim 2. If there is ONLY Sub A and B in Elim 1 that’s a no-brainer, but if there are more subs then isolating just the right amounts might be challenging.

Advanced Answered on October 25, 2019.
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