Intercompany Eliminations for Xero and QuickBooks

In this tutorial, G-Accon guides you through the process of using the new feature, Intercompany Eliminations, recently rolled out for Xero users. If you deal with consolidated reports across multiple Xero or QuickBooks connected organizations, this feature is a game-changer for you!
0:01 - Introduction to Intercompany Eliminations
0:45 - Setting Up Intercompany Elimination Rules
3:11 - Customizing Elimination Sets
5:28 - Running Consolidated Reports with Intercompany Eliminations
10:09 - Demonstration of Eliminated Transactions in Reports
In this step-by-step walkthrough, you'll learn how to:
☑️ Set up elimination rules for connected Xero organizations in Google Sheets
☑️ Customize elimination sets based on your specific accounting needs
☑️ Run Consolidated Reports with eliminated transactions clearly represented
Don't forget to like, comment, and subscribe for more tutorials! If you're a QuickBooks Online user, stay tuned for updates on when this feature will be available for you.