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

Proportional Consoldiation method using "PCon" is causing IC elims to be off.

Received Response
52
Views
2
Comments

Summary: When assigning consolidation methods (except Proportional), IC elims work fine. When Proportional is assigned to an entity, eliminations are off. Eliminations are off for entities that are assigned any method.


Content (required):

In the attached, a simple entity hierarchy is presented. Company A, B and C have IC activity (asset account) with Company D. All eliminations work fine with Subsidiary and Equity methods applied to various entities. However, once Company E is assigned Proportional method, the TotalInputandAdjust is correct but the elimination only reflects the direct children's elimination amount. Has anyone ran across this issue?


Version (include the version you are using, if applicable):

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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