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Proportion & Elimination Issue

edited Sep 19, 2019 3:42PM in Financial Consolidation and Close 3 comments

Summary

Proportion & Elimination Issue

Content

Hi all,

Please suggest/help me

1) Sceneario: 1

Enable ownership and updated ownership percentage as 60% - Subsidiary method. Deployed only 2 seeded rules:- Net Income (Subsidiary) and Net Income (Equity) and ran the consolidation. But we are getting any 100% Proportion amounts instead of 60% and getting minority interest amount only under Contribution member. Please see the details 1st tab of attached excel book. Is this expected results or number should populate against Proportion number based on ownership percentage and finally get 100% amount in Contribution member by adding of Proportion + Elimination members?

2) Scenario: 2

Enable ownership and updated ownership percentage as 60% - Subsidiary method. Deployed all 9 seeded rules. Here against Contribution amounts are not balancing, Proportion column showing 100% values instead of 60% and unable to find Elimination member amounts' source means how it was derived and basis of it. Please refer the 2nd tab of the attached file.

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