Thank you for supporting the Cloud Customer Connect Community in 2024. It's a gift to work with you!

Look back
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Minority Interest Elimination not occurring at parent level

edited Apr 29, 2020 11:19AM in Financial Consolidation and Close 3 comments

Summary

Minority Interest Elimination not occurring at parent level

Content

Hi all

We are trying to run a Minority Elimination, but it seems that it works only at the base entity levels and not at parent level. Please see attached document for details. 

We have two entities in 100% consolidation (Exxxx, E2xxxx) and their parent (G_324) consolidates at 53.78%, and has 46.22% of Minority Interest

Are we missing a step somewhere?

 

Thank you for your perles of wisdom.

Nouria

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!