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Elimination of Investment in Sub in FCCS Standard version

edited Dec 12, 2019 8:55AM in Financial Consolidation and Close 10 comments

Summary

By using FCCS Standard version, the elimination of investment is still working ?

Content

Hi FCCS gurus,

My client is using FCCS standard version, which, there are lots of limitation, such as:  no ownership setup, no rules modification, lesser seeded account. So, I would like your input about how the elimination of investment in sub is done in here. I tried to do an entry in Investment in sub for holding entity, and against Common stock in another entity, but no elimination happened.

Appreciate your input and suggestion.

Thanks,

Yohana

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