Why FCCS is not able to calculate the minority interest in chain holding ownership structure? — Cloud Customer Connect
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Why FCCS is not able to calculate the minority interest in chain holding ownership structure?

Below is my ownership structure -

A holds 90% of B and B holds 80% of C.

Here, the effective own % of A against C is - 80*90% = 72%

MI% of A against C = 28%

But in FCCS, the numbers are calculated from a different angle without considering the Own % -

MI of B against C = 20%

MI of A against B = 10%

So FCCS is calculating the MI for A against C as - 10*20% = 2%.

How can this be addressed by configurable consolidation rules?

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!