Scenario

Intercompany Elimination > Cumulative Translation Adjustment - Elimination is Debited instead of Intercompany Revenue

Solution
This happens when the Intercompany Revenue Account's Eliminate Intercompany Transactions field was previously unmarked.

To resolve:

1. Edit the Intercompany Revenue Account

2. Mark the Eliminate Intercompany Transactions field

3. Edit and Save any Intercompany transactions which used the Intercompany Revenue Account

4. Rerun Intercompany Elimination

This also applies to Intercompany Expense Accounts or any other Intercompany Account. When this is the case, system automatically matches the elimination to the Cumulative Translation Adjustment - Elimination Account.