Attached is a workbook that steps through the eliminations required for removing intercompany dividends between a parent and subsidiary entity.
No details explanation in the body of this post - the model is comprehensively annotated, so best to hit BUILD / AUDITING / LOCATE WIP RANGES and read through the detailed notes.
Recommend reading through Entity 2 (subsidiary), Entity 1 (parent co.) and then the Consolidated Financial Statements as the best flow. Cheers. J.
