FCCS Eliminations in Staged (not Flat) Hierarchy
Summary:
Issue in Elimination process for Staged Hierarchy (not Flat)
Content (please ensure you mask any confidential information):
Hi All,
in my FCCS Application I have two hierarchies. The first one is Flat and the second one is Staged.
I noticed an issue in Elimination Process.
I have an ICP declaration (A vs B) for a dividend account (related to Dividends elimination rule).
The Entity A has 100% (PCon), 80% (Ownership) and 20 % (Minority).
In the flat Hierarchy the elimination process is ok because FCCS works properly:
- the dividends account has been eliminated (100%);
- the Retained Earnings has been populate correctly (80%)
- The third consolidation reserve and the P&L/BS minority have been populated correctly (20%).
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