Issue in Muti Level Consolidation Minority Interest Calculation — Cloud Customer Connect
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Issue in Muti Level Consolidation Minority Interest Calculation

in Financial Consolidation and Close

Company Z is the ultimate parent with fully owned subsidiaries M and N. Subsidiary M owns 85% of entities P and 75% of Q, while subsidiary N owns the remaining 25% of P and Q (i.e., 25% each). Because M and N are both entirely owned by Z, Company Z’s total ownership in entities P and Q is 100% through its subsidiaries.

Therefore, at the Z consolidation level, there should be no minority interest reported for entities P and Q, since Z’s indirect ownership sums to the full 100%.

However, despite this, minority interest balances are appearing under the FCCS_Minority Interest Income line item at the Z consolidation level and are not being properly eliminated as anticipated.We would expect 0% minority interest calculation at parent Z level (which is the common parent)

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