Register today for Oracle CloudWorld. October 17th - 20th, Las Vegas

Register now

Hillel Cooperman, Senior VP of User Experience Design, has a message for you on Oracle CloudWorld

Watch now
Investments elimination issue — Cloud Customer Connect
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

Investments elimination issue

Received Response
31
Views
3
Comments
edited Dec 5, 2020 9:11PM in Financial Consolidation and Close 3 comments

Content

We are facing an issue regarding the configurable consolidation. I try to explain the behavior.

We have developed the elimination of investment in a rule set (YTD) more or less like this (for every movement except increase, decrease and FX movements):

Company A – ICP B – Investment

Company A – ICP B - Link account

Company B – ICP A – Link account (Partner elimination)

Company B – ICP A – Consolidation reserve (Partner elimination)

We have, moreover, developed three additional rule sets to manage other specific movements on investments: increase, decrease and FX.

The rules seems to be “recursive” or “cumulative”…at every consolidation the figures in the Link account change without changes in the entity data.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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