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Investment in Sub Account not eliminating as expected for shared hierarchy — Cloud Customer Connect
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Investment in Sub Account not eliminating as expected for shared hierarchy

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Summary: Investment in Sub account in alternative hierarchy not eliminating at consolidated level as expected. Illustrative example shown below

Total Segments - Expected elimination of investment in sub

Segment 1

Segment 2

Entity B (Europe Market Parent)- Owned by Entity A

Segment 3

Entity A (Corporate entity)- Investment in Sub

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In above example, Entity A (Corporate Entity) owned Europe Market (10 base Entities under legal structure) and Investment in Sub elimination is working as expected for legal structure, However in segment reporting we have shared Entity B (Europe Market Parent) and not all base entities where the Investment in Sub is not getting eliminated as expected. Appreciate if you could share any thoughts/Workarounds/Alternate solution to fix the issue.

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