If you use the Journal Entry Summarization on Intercompany Elimination accounting preference, NetSuite groups similar elimination journal entries into a single, summarized journal entry line. If you do not use the accounting preference, each elimination journal entry appears on a single journal entry line. You can change the state of the preference, as required.
If the accounting preference is enabled, elimination journal entries are grouped into a single journal entry if they meet the following conditions:
- Same elimination subsidiary
- Same elimination period
- Same accounting book
- Same Class, Department, Location, Custom Segment combinations
- Same general ledger account