Thank you for supporting the Cloud Customer Connect Community in 2024. It's a gift to work with you!

Look back
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

Disposal/Acquisition of Companies

in Financial Consolidation and Close 6 comments

Summary:

Discrepancies in acquisition and disposal movement memberships due to changes in corporate structure

Content (please ensure you mask any confidential information):

We are experiencing problems with consolidated balances in periods where there are changes in the structure of entities (additions, disposals and transfers of companies within the corporate structure). 

We understand that, for example, in the case of a company transfer, the solution registers in a specific transaction (Disposal of companies and businesses - OBOC / Acquisition of companies and businesses - OBOC) the initial balances of this company, cancelling the balance in the deregistered consolidated entity or generating an initial balance in the consolidated entity being added. 

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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