Consolidation and Intercompany Elimination made easy using PowerPivot and DAX

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In my past years as a consultant for Microsoft BI I had to deal with financial models quite a lot. They are usually small in size but very complex in terms of calculations like currency conversion, margin-calculations, benchmarks and so on. Another topic I came across very frequently was consolidation and intercompany eliminations. Recently I had to deal with this topic again and thought of how this could be solved in PowerPivot/DAX.

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