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Full amount of Retained Earnings is eliminated to Goodwill on the month of System initialization

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edited Mar 29, 2020 1:39PM in Financial Consolidation and Close 2 comments

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Dear Expert,

We have observed that full amount of Retained Earnings is eliminated to Goodwill on the month of System initialization(e.g FY18 Dec). As a result, the initialization data loaded for Retained Earnings Prior on the Opening Adj member is also eliminated. However,  part of that amount was generated after the acquisition which should not be eliminated. How could this problem be addressed?

Thanks for any advice!

Best Regards,

Yibing

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