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IC eliminations after organizational change

Received Response
edited Jan 15, 2021 10:51AM in Financial Consolidation and Close 1 comment


After implementing an entity as shared under a new parent entity, IC elimination is wrong



We have moved an entity to a new parent (created as a shared entity) and used the ownership to activate it under the new parent. However, the IC elimination effects are wrong in Proportion on the new consolidated level. It looks like the BS IC accounts don't eliminate Acq OBOC movement after an entity has been moved to a new parent.

Anybody with a similar issue?

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