Can you use intercompany management without turning on the elimination in reporting feature? We're looking to set up the intercompany management system to gain the benefits of automated transactions and fewer vendor, customer, and account records but don't want to use elimination in reporting.

AI generated answer (using internal Slack threads):

Based on the conversations, it appears that you can use Intercompany Management without turning on the Elimination in Reporting feature. However, it's important to note that the elimination process is a crucial part of intercompany transactions, especially when it comes to consolidation and reporting. Intercompany transactions often involve multiple subsidiaries, and the elimination process is used to remove the effects of these transactions in the consolidated financial statements. This is done to avoid double counting of revenues, expenses, and other financial elements. However, if you're not interested in using the elimination feature, you can still set up and use Intercompany Management. You can create customer and vendor profiles that define the "Represents Subsidiary" relationship. You also need to ensure that Intercompany Management is turned on in your Features. Remember to properly set up Intercompany Receivables and Intercompany Payables accounts. These cannot be of the 'Other Current Asset' type and must have the right options selected. Please note that while you can use Intercompany Management without the elimination feature, it may require additional manual work and could potentially lead to inaccuracies in your financial reporting. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******