Definicja elimination of IC profit/loss in inventory (FI-LC)
An object in inventory that requires that the inventory-managing company identifies the internal trading partner that supplied specific inventory items.
The IC profit or loss is the difference between the book value on the individual financial statement and the production cost.
A positive difference represents IC profit, which is eliminated by making an adjustment down to the lower value, in accordance with the group's point of view.
A negative difference represents an intercompany loss, which is eliminated by making an adjustment up to the (higher) production cost.
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