Selected Items 

Definition

Financial statement items that are used in consolidation postings to ensure that the balance:

·        per consolidation unit equals zero (balancing item)

·        across all consolidation units equals zero (clearing item)

Structure

The following selected items exist:

Clearing - Balance Sheet

This clearing item in the balance sheet enables consolidation entries to produce a total of zero for the balance sheet of a consolidation unit.

Clearing - Income Statement

This clearing item in the income statement enables consolidation entries to produce a total of zero for the income statement of a consolidation unit.

Clearing - Consolidation Unit

Consolidation entries use this selected item to ensure that the balance sheets and/or income statements across multiple consolidation units remain in balance. Its balance is always zero within a document.

See also:

For information on the selected items in Customizing for consolidation of investments, see the section Selected Items.