Advanced consolidation rules

Summary

Subsidiary method does not eliminate investment

Content

It appears in the new consolidation setup, if we declare entity to be Holding method, it eliminates investments but not if the entity is set to Subsidiary. Is this the case and any way to get subsidiary to also elim the investment?

G owns A, A owns B and B owns C. We have a flat structure with G-Cons, G (Holding) & A, B, C as subsidiary.  G elim works fine, but A, B investment doesn't eliminate.

Of course another option is to have G-Cons, A-Cons, B-Cons etc., but this is not desirable for a small group.