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

IC eliminations after organizational change

Received Response
19
Views
1
Comments
edited Jan 15, 2021 10:51AM in Financial Consolidation and Close 1 comment

Summary

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

Content

Hi,

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?

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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