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Change of ownership causes unbalance on second consolidated level

edited Jul 18, 2024 4:32PM in Financial Consolidation and Close 6 comments

Summary:

Our customer acquired some companies with a holding. When setting these as 100% subsidiary (as of May 2023) the first consolidated level shows a balance sheet mismatch of zero, but at the second consolidated level, it's showing an mismatch equal to the YTD result before ownership change.

With prior similar acquisitions this mismatch didn't show up.

It's the proportional amount on FCCS_REC OBFXCTA / [FCCS_Mvmts_Acquisitions_Total].[FCCS_Mvmts_Acquisitions] / FCCS_Entity Proportion Adj that's causing it. Has any of you seen this issue before or know how to solve this? An SR has already been created.

We've disabled all configurable consolidation rules (in TEST), but that did not solve the mismatch.

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