Eliminations
Discussion List
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How to best handle an entity structure change ?Hello, I was wondering if you could help me out on how to best handle an entity structure change. The case is the following : Entity A used to be owned by group 1. It is…Camille Dhallenne 40 views 4 comments 1 point Most recent by Siddhi_Shah Financial Consolidation and Close -
Issue in Muti Level Consolidation Minority Interest CalculationCompany 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 … -
Impact on using HOLDING or HOLDING2 methodsSummary: Content (please ensure you mask any confidential information): Hi all We have some doubts about the impact on using either HOLDING or HOLDING2 methods. We had t… -
FCCS Movements_Disposals with Eliminations are created after entity is set to No consolidationTeam, We have a strange issue. In March enterprise journals were enabled in FCCS and the EJ’s were being submitted from FCCS to Oracle fusion and again being loaded to F…Srinivas_Madderla 4 views 1 comment 0 points Most recent by Chansouda-Oracle Financial Consolidation and Close
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How to Zero out Retained Earnings for a new company take overSummary: Current Entity has been bought over- by a new Company Current system is wanting to roll retained earnings. The prior period retained earnings should be $0. Addi…
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Partner Elim Second perimeter doubling data after the consolidationSummary: Content (please ensure you mask any confidential information): Hi all We have an persistent issue where for a Partner Elimination the second perimeter doubling …
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Does FCCS creates configurable rule for discops ownership method?We'll have some entities with discontinued method in future. So if consolidated method is selected as discontinued does system automatically create some config consolida…Rashmi_Khodani 13 views 1 comment 0 points Most recent by DISHIL SHAH Financial Consolidation and Close
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Partner Elimination Data doubled if we consolidate only the impacted data levelSummary: Content (please ensure you mask any confidential information): Hi all We have the following scenario. When we use the partnerElimnation rule - all the other rul…
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FCCS Equity PickupHi There, We are currently testing out equity pickup in FCCS but have not got it yet to work. Below are the configurations: Below is our testing data. We have entered so…
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Configurable consolidation rule shows invalid conditionSummary: In configurable consolidation rules conditions tab instead of consolidation method shows invalid. Content (please ensure you mask any confidential information):…DISHIL SHAH 33 views 5 comments 0 points Most recent by Gianluca Natili Financial Consolidation and Close
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Minority for managerial entity structuresSummary: How to calculate correct minority interest in managerial entity structures when there is no parent entity representing the only partially owned entity group? Co…Joost Mellegers 14 views 5 comments 0 points Most recent by Joost Mellegers Financial Consolidation and Close
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Intercompany elimination difference due to exchange rates used for translationSummary: Intercompany elimination is generating an out-of-balance because of exchange rate differences, used for translation, between the legal entity and the intercompa…Sowmya Sundar 2.1K views 9 comments 0 points Most recent by Amarnath_Kothapalli Financial Consolidation and Close
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Intercompany eliminations and Cash Flow MovementsSummary: Intercompany eliminations and Cash Flow Movements Content (required): We are working to stand up an FCC application and running into a challenge related to inte…
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Where FCCS_Percent Min Input cause effects?I am having an impasse with the FCCS Percent Min Input member. I have an entity called Consol - Entity 4, where it is contained in two structures: Consol - Entity 3 and …IgorRaffa 22 views 3 comments 0 points Most recent by Ashutosh Bhatikar-Oracle Financial Consolidation and Close
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How can I get my Secondary Data Source to include Eliminations?Summary: We have our Primary Data Source stored as a child of the system generated FCCS_TotalInputAndAdjusted, which rolls to FCCS_Total Data Source. Since FCCS_Total El…B-MacMurdo 52 views 7 comments 0 points Most recent by Anand Thota Financial Consolidation and Close
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FCCS - how to reverse the opening balance for the closed entityHi, We are having a customized EPU calculation, there was a opening balance for the EPU AC for one specific entity, this entity has been closed. we wanted to reverse tha…
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IC eliminations where proportional method is involvedHi people Has anyone got any smart suggestions how I can get IC elimination logic to work as expected where proportional consolidation is involved? I get incorrect IC el…
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Set Sub Variable 'StrictElimCondition' is not working for Self EliminationsSummary: Dear Team, I have successfully used the StrictElimCondition substitution variable set to False in previous projects to enable self intercompany (ICP) eliminatio…
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We set the StrictElimCondition variable as faulse, It is not effectiveWe set the StrictElimCondition variable as faulse, the entity and partner are the same not eliminated after run consolidate. Is there any way to solve this problem?
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FCCS_Proportion get me an unbalanced Balance SheetContent Hi All, I have this scenario: in December 2019 an entity passes from 0% not consolidated to 100% Consolidated. Balance Sheet is balanced in "Entity Total"-> "Par…Gianluca Natili 58 views 6 comments 0 points Most recent by B.Bhandari Financial Consolidation and Close -
Intercompany Eliminations on Alternate HierarchiesSummary Values not eliminating when shared parents only exist in alternate hierachiesContent Hi, has anyone hit this issue in FCCS:- We have a primary hierarchy [FCCS_To…Brian Somers 768 views 35 comments 1 point Most recent by Tim Jacques Financial Consolidation and Close -
Error on FCCS_50 rule write on FCCS_ProportionContent Hello, When using Calculation Manager, we created a rule in "FCCS_50_After Opening Balance Carry Forward_Consolidated", where we use "FCCS_Proportion" inside the…Timestamp EPM Team 92 views 7 comments 0 points Most recent by Ashutosh Bhatikar-Oracle Financial Consolidation and Close
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When do you need to recompute the ownership and why?Summary: We are wondering when actually you need to recompute the ownsership in FCCS. Normally, we only did it only when the entity dimension has changed, but from the l…Pieter-Jan Vandendriessche 31 views 4 comments 0 points Most recent by Pieter-Jan Vandendriessche Financial Consolidation and Close
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FX Movement of Intercompany Account is not eliminated as expectedSummary: We have restucture entity for it descendants but actually in that parent entity perspective there is no difference because that entity remaining as descendants.…J Mahero L 23 views 2 comments 0 points Most recent by Ajay Kumaran-Oracle Financial Consolidation and Close
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Can Out of the box Eliminations data source in FCC be split in two parts? How?The adjustment period data in our Client's case is booked in P12 itself and then it is separated by a different data source specific for P13. But for eliminations, since…Vidhi Nenwani 13 views 2 comments 0 points Most recent by Ashutosh Bhatikar-Oracle Financial Consolidation and Close
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Will there be eliminations when an entity is no longer consolidated during mid of the fiscal yearSummary: We have a scenario wherein a subsidiary entity of a holding company is dis-invested mid-year in period 4 of the financial year with no sale proceeds whatso ever…Rashmi Subash 15 views 4 comments 0 points Most recent by Ajay Kumaran-Oracle Financial Consolidation and Close
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IC elimination happening at Standalone level, needs to be removed.We have Tagged two newly created account codes in few ICP locations for ICP elimination. The same code is getting eliminated in standalone as well, however this should b…KIRTI SETH 2 views 1 comment 0 points Most recent by Ajay Kumaran-Oracle Financial Consolidation and Close
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Intercompany Elimination is not happening in shared entitySummary: There is new requirement from business for OrgByPeriod. we have 100% ownership and not enable any configurable consolidation rule. we have 10 yrs data in the sy…
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ICP Elimination result in FCCS - QuestionSummary: Is elimination possible in FCCS for case 1 as below. Currently it is not happening in our case. Or is there is a work around. Content (please ensure you mask an…Jai Prakash 41 views 4 comments 0 points Most recent by Ajay Kumaran-Oracle Financial Consolidation and Close -
Enabling FCCS custom ICP eliminationSummary: One of my customer has a requirement to disable ICP elimination and want to record difference at custom eliminating entity. He doesn’t want the Parent Entity to…