Goodwill is calculating for any change in General Reserve/Statutory Reserve post Acquisition
I am facing an issue in Oracle FCCS regarding unnecessary calculation of Goodwill for any change in Other equity accounts such as General reserve, Statutory Reserves, revaluation reserves etc., post acquisition.
I have placed all the above accounts under equity hierarchy during Metadata uploads.
As per accounting standard, any changes in reserves after acquisition which are under equity should be considered as Post Acquisition and transfer the respective shares to holding company and minority interest just similar to retained earnings current. This is not happening currently in the system as these post acquisition changes (other than "Retained Earnings current") are being considered as