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Advanced Consolidation - How to make it work?

Received Response
edited Jan 23, 2018 10:34AM in Financial Consolidation and Close 1 comment


The consolidation doesn't seem to be working


Hi All,

I'm running a testing of the consolidation methods and the eliminations that are supposed to happen as explained in are not working for me. I was wondering if I missed any step.

I've configured the following in Manage Ownership:

East Sales (Parent Entity)

     o MA - 100% owned - Holding

     o NY - 80% owned - Subs

     o PA - 40% owned - Equity

I have Saved the changes and Recomputed the ownership data.

1. In Entity MA Balance Sheet, I have entered an Investment in Subs against ICP NY for xx amount. After running the consolidation this data does not get eliminated and rolls up to the parent East Sales. Is there something else that I need to do?


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