What this article covers: How to post manual elimination entries in BrizoConsol — entering entry details, building debit and credit lines, understanding the FX difference and Foreign Exchange Gain/Loss Account, and managing entries in the list. For rule-based recurring eliminations, see Auto Eliminations.

Elimination Entries let you post intercompany eliminations manually — without defining an auto rule — giving you full control over each individual entry. Use this for one-off transactions, intercompany balance mismatches, or situations where entities have different account structures that auto rules cannot match.

🛈 Elimination Entries vs Journal Entries: Use Elimination Entries to remove intercompany balances between entities (e.g. intra-group sales, intercompany loans). Use Journal Entries for accounting standard corrections such as fair-value adjustments and impairments. See Posting Journal Adjustments.

1. Before You Begin — Group vs Subsidiary Level

The elimination method — whether entries are posted at Group level or Subsidiary level — is configured in Organisation Settings → Organisation Details under the Elimination Method setting, not on the entry form itself. Set this before posting entries.

Method Where the entry is posted
Group Level Posted at the consolidation group — appears in group-level reports only, does not affect individual entity results. Use for top-level adjustments not attributable to a single subsidiary.
Subsidiary Level Posted against specific subsidiaries. Use when the elimination relates to a particular entity — e.g. eliminating an intercompany receivable in one subsidiary against the corresponding payable in another.
💡 Tip: Subsidiary Level gives better drill-down visibility. Group Level is most useful for top-level adjustments. Change the setting under Organisation Detail.

2. The Elimination Entries List

Go to Adjustments → Elimination Entries from the left navigation. All existing entries are listed with the following columns:

Column Description
Elimination ID The unique reference code assigned when the entry was created — e.g. ELIM-1001
Flag Shows the accounting standard tag (e.g. Local GAAP) and the balance status: Balanced or FX Diff — see Section 4
Description The description entered when the entry was posted
Foreign Exchan... The Foreign Exchange Gain/Loss account assigned — receives any FX difference automatically
Debit Account Summary of debit lines — e.g. "1 debit"
Credit Account Summary of credit lines — e.g. "1 credit"
Debit Amount Total debit amount in base currency — shown in red when an FX difference exists
Credit Amount Total credit amount in base currency
Last Update When the entry was last modified

Use the Scenario dropdown to switch between scenario views. Use the filter bar to search by description, standard, or Elimination ID.

3. Adding a New Elimination Entry

1
Click Add a new Elimination EntryThe form opens with the title Adding a new elimination entry — Adjustments - Elimination Entries.
2
Enter an Elimination IDA unique reference code — e.g. ELIM-2026-001. Used in the entries list and audit trail.
3
Set the DateThe reporting date — determines which period the entry flows into.
4
Select the Accounting StandardTag the entry with the applicable standard (e.g. Local GAAP, IFRS). Only standards enabled in Organisation Details appear in the dropdown.
5
Enter a DescriptionA clear description of what is being eliminated — e.g. Eliminate COGS and Inventory or Elimination of Sales and intercompany receivable. Appears in the entries list and consolidated reports.
6
Add Debit LinesClick + Add line under Debit Lines. For each line select the Account from the Common COA, set the Exchange Rate (defaults to 1.0000 for same-currency entries), and enter the Debit Amount. Add multiple lines as needed — the Debit Total (base) updates automatically.
7
Add Credit LinesClick + Add line under Credit Lines. Same fields — Account, Exchange Rate, Credit Amount. The Credit Total (base) updates automatically.
8
Check the balance indicator and set the FX Account if neededThe bottom of the form shows Debit, Credit, and FX DIFF totals. When balanced: Entry is balanced — no FX difference in green, FX DIFF = +0.00. If an FX difference exists, select the Foreign Exchange Gain/Loss Account to receive it automatically — see Section 4.
9
Click ConfirmThe entry is saved and flows immediately into consolidated reports for the selected period and scenario.
⚠️ Note: Elimination entries do not repeat automatically — re-enter them for each period they apply to. If the same elimination recurs every period, consider setting up an Auto Elimination rule instead.

4. FX Difference & the Foreign Exchange Gain/Loss Account

When debit and credit lines use different currencies or exchange rates, the base currency totals may not balance exactly. This difference is the FX Diff.

Flag What it means
Balanced Debit equals credit in base currency — FX DIFF is +0.00. Entry is fully balanced.
FX Diff A currency translation difference exists. The difference is posted automatically to the Foreign Exchange Gain/Loss Account selected at the bottom of the form. The debit amount in the list is highlighted in red.

The Foreign Exchange Gain/Loss Account section at the bottom of the entry form shows which Common COA account will receive the FX difference. Change this using the dropdown — for example, selecting an Unrealised Currency Gains account (e.g. 498).

💡 Tip: For same-currency eliminations, keep all Exchange Rates at 1.0000 — the entry will balance with no FX difference. Only adjust exchange rates when eliminating cross-currency intercompany balances.

5. Managing Existing Entries

Action How to do it
Edit an entry Click the pencil icon on the row — the form reopens as Updating elimination entry. Correct any field including amounts, accounts, standard, date, or the FX account.
Delete an entry Click the red delete icon — the entry is removed immediately and consolidated reports update accordingly
Filter entries Use the filter bar at the top-right to search by description, accounting standard, or Elimination ID

6. Common Use Cases

Scenario Expect FX Diff?
Eliminate intra-group sales and cost of sales (same currency) No — Balanced
Eliminate COGS and inventory — same currency both sides No — Balanced
Intercompany balance mismatch where amounts differ between entities Possibly — FX Diff
Eliminate cross-currency intercompany balance (e.g. USD entity vs SGD entity) Yes — FX Diff
Entities with different account structures where auto rules cannot match No — Balanced

BrizoElim — AI-Assisted Elimination Detection

BrizoElim uses AI to scan your trial balance and automatically identify intercompany balances that may be missing eliminations. Rather than manually reviewing every account, BrizoElim finds the accounts that look intercompany — then checks whether those balances have been eliminated.

Click the BrizoElim button at the bottom of the Elimination Entries page to open the Detect Missing Eliminations dialog.

Field Description
Scenario The scenario to scan — e.g. Actual. Detection is scenario-specific.
Accounting Standard The accounting standard to filter by — defaults to All standards.
Start Period The first month of the period range to scan.
End Period The last month of the period range to scan.
Materiality Amount The minimum balance threshold to flag — balances below this amount are ignored. Defaults to 0.50. Increase this to reduce noise from rounding differences.

Click Run Detection. BrizoElim will:

  1. Ask AI to identify intercompany-looking accounts from your COA metadata
  2. Scan trial balance balances for only those accounts across the selected period range
  3. Surface any balances that appear uneliminated — flagging them for your review
💡 Tip: BrizoElim does not post entries automatically — it surfaces candidates for review. After detection, review the flagged balances and post the necessary elimination entries manually or via Auto Elimination rules.