CONTENTS

For transactions between group companies to appear in the group transaction elimination view for elimination, add a group transaction mark and the group target company to the transactions.

On the voucher

Existing voucher

You can open a voucher for group transaction marking by selecting Bookkeeping > Vouchers > search for and open the desired voucher.

  • Open the desired voucher.
  • Check that the last column of the voucher rows is the Group transaction column.
  • Open the voucher for editing:
    • Select “Voucher-specific actions”.
    • Select “Open for editing”.
  • At the top of the voucher, select the group target company, i.e. the other company in the same group to which the voucher relates.
  • Note that the group transaction marking is activated only after the group target company has been selected.
  • Make sure that you have rights to all group companies, including the elimination company, so that you can see the group company selection and mark transactions as group transactions.

At the end of the voucher row, there is a Group transaction selection. This allows you to choose which voucher rows are group transactions.

  • Use the Group transaction selection to mark the rows that are group transactions.

  • Save the voucher after defining the transactions.
  • Add a description of the changes made in the comment field.

New voucher 

You can create a new voucher for group transaction marking by selecting Bookkeeping > Vouchers > New voucher.

  • Create a new voucher.
  • Select the group target company at the top of the voucher.
  • Use the Group transaction selection to mark the desired rows as group transactions.
  • Otherwise, proceed as with an existing voucher.

In the accounts receivable

You can define the automatic creation of group transactions in the accounts receivable by selecting Accounts receivable > Customers > select or create a customer.

  • Establish each company belonging to the group as a customer in the accounts receivable of each group company, i.e. make sure that the different companies are found in each other’s customer registers.
  • Open the basic information tab of the customer card.
  • Find the Group company field.
  • Select the correct group company from the list in the Group company field.
  • Note that this setting is used in automating group elimination transactions so that the voucher for a group transaction automatically becomes a group transaction.

By default, voucher rows assigned to accounts in account groups 176, 190–199 and 292 are not marked as group transactions.

  • Note that on sales invoice payment and purchase invoice payment vouchers, transactions directed to accounts belonging to the cash and bank receivables group do not become group transactions.

In the accounts payable

You can define the automatic creation of group transactions in the accounts payable by selecting Accounts payable > Vendors > select or create a vendor.

  • Establish each group company as a vendor in each group company, i.e. make sure that the different companies are found in each other’s vendor registers.
  • Open the vendor card.
  • Find the Group company field on the vendor card.
  • Select the correct group company from the list in the Group company field.
  • Note that this setting is used in automating group elimination transactions.


Frequently asked questions

Question: What is required for transactions between group companies to appear in the group transaction elimination view?

Answer: The transactions must have a group transaction mark and a group target company.

Question: How do you mark the rows of an existing voucher as group transactions?

Answer: Open the voucher for editing, select the group target company at the top and use the Group transaction selection to mark the rows that are group transactions, then save the voucher.

Question: How do you ensure that a voucher for a group transaction is automatically created as a group transaction in the accounts receivable?

Answer: Establish the companies belonging to the group as customers of each other and select the correct group company in the Group company field on the customer card.

Question: How do you define a group company in the accounts payable?

Answer: Establish the group companies as vendors of each other and select the correct group company in the Group company field on the vendor card.

Question: Which accounts are not marked as group transactions by default?

Answer: By default, voucher rows assigned to accounts in account groups 176, 190–199 and 292 are not marked as group transactions, and on sales invoice payment and purchase invoice payment vouchers, transactions directed to accounts belonging to the cash and bank receivables group are not created as group transactions.

Keywords

group transaction, group target company, group company, elimination company, group transaction elimination, voucher, accounts receivable, accounts payable, customer card, vendor card, account groups 176, 190–199, account group 292, cash and bank receivables group

This article has been translated using an AI-based translation tool. The contents or wording of these instructions may differ from those in other instructions or in the software.


Did you find it helpful? Yes No

Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.