Does anyone have any resources/examples they could help point me to around intercompany elimination? Trying to explain it to some accounting resources who are new to the concept, but I'm not doing a very good job. The only example I can find on SuiteAnswers is "Intercompany Elimination Example" Answer ID 30619, but that's a little overcomplicated. Would love a good example with just a single currency across all subs if it exists.

have you tried creating a ACJE and run eliminations and then reviewing BS and income statement?

Yes, I have. I guess I'm looking for like a better explanation of what all types of transactions this is needed for and what this looks like when done manually outside of automated elimination. I'm much more on the technical side, so I thought my accounting team would understand better what is needed, but they don't and suiteanswers seems very vague on the topic, so it's a bit of the blind leading the blind 😆

well, there is nothing in SA like what you looking for frankly. When you create ACJE with IC AR and IC AP accounts involved and it is set properly, these amounts get eliminated during the elimination step using the same accounts, that the gist of it, there is nothing more really when it comes to IC transactions created via journals,