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Goodwill is not being calculated and consolidation is not happening in Oracle FCCS

in Financial Consolidation and Close 1 comment

Hi all,

I am very new to Oracle FCCS and learning it with some test case scenarios. I have configured the application and input the following data.

Below screenshot provides details on ownership.

I have deployed all the rules as shown below and ran "Consolidate" rule.

But, the goodwill is not being calculated and Equity accounts (Common Stock) at consolidated level is just summing the data of both holding and subsidiary companies instead of considering the holding company data.

Please let me know if I am missing anything here. Your inputs are so much valuable for my learning. I can provide more details if needed.

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