Set up matching and elimination logics

Data processing tile > Basic Consolidation > IC matching and elimination logics > List

Navbar > Data processing > Basic Consolidation > IC matching and elimination logics > List

Create IC matching logics

  1. In the IC matching and elimination logics tab, click : a new row will be added to the list to configure the logic.
  2. In the Attributes tab, in the Type section, select IC matching logic.
  3. Set all the other data on the page, then click Save: the new logic will now appear in the list.

Create IC elimination logics

  1. In the IC matching and elimination logics tab, click : a new row will be added to the list to configure the logic.
  2. In the Attributes tab, in the Type section, select Ctp elimination logic.
  3. Set all the other data on the page, then click Save: the new logic will now appear in the list.

Relate intercompany matching and elimination logics to the process

This procedure allows you to relate IC matching and elimination logics to the process for which you want to perform the elimination or matching of counterparty declarations in intercompany relationships.

Application database > Processes tile > select process >

  1. Select the process for which to run the elimination.
  2. Click > Process Definition: a page to set up the selected process will appear.
  3. In the Data Processing section, unlock editing.
  4. In Consolidation > Basic Consolidation > IC eliminations and matching, click : the IC eliminations and matching page will open.
  5. To relate an elimination logic to the process, select it in IC elimination logics.
  6. To relate a matching cockpit to a step of the process, click Add IC cockpit in the IC cockpits section.
  7. Select the desired cockpit and step.
  8. Repeat the previous step for every IC matching cockpit to be related.

Define reconciliation accounts for other accounting

This procedure allows you to define the reconciliation accounts for other accounting. When a relationship in the IC matching cockpit is locked/submitted, CCH Tagetik verifies that the reconciliation accounts for the various pairs of defined debit/credit accounts are balanced.

Data Processing tile > Basic Consolidation > IC matching and elimination logics > IC cockpit

  1. Select the desired IC cockpit.
  2. Click > Reconciliation accounts for other accounting: the set up page will open.
  3. Select the debit or credit accounts. These must be accounts that are used as reconciliation accounts in the matching logics associated with the selected IC cockpit.

Note: if the same account is specified as the debit and credit account, the balancing check is performed for the individual account.