FCCS Cash Flow - Treatment of Cash Acquired on Acquisition
Accounting for cash acquired on acquisition within the automated cashflow ‘FCCS_CashChange’ sub-structure if additional members cannot be inserted. Has anyone had to deal with this if so how?
Content (required): In the acquired entity, the completion balance sheet has been entered onto the pre-configured movement member ‘FCCS_Mvmts_Acquisitions_Input’ so that the net position over the entire balance sheet, nets to zero and does not generate cash flows. However, due to the cash acquired on the acquisition being recorded on the same member ‘FCCS_Mvmts_Acquisitions_Input’ in the Cash / Bank accounts, the automated cash flow does not balance as the cash uplift on the closing balance due to the cash acquired on acquisition needs to be placed in the reconciliation [Change in Cash] section of the movements dimension. This is completely locked down.