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what am I doing wrong? Custom equity.

in Financial Consolidation and Close 1 comment

Hi all,

have a straightforward requirement of equity method accounting (equity method of accounting or EMA). A holding entity and a subsidiary with 100% ownership. entry in two moments, we use custom accounts for equity pickup.

  1. Purchase of Company B by Holding A (100%) at the beginning of the year:
    • Show the initial acquisition entries.
  2. End-of-year profit recognition for Company B and impact on Holding A:
    • Reflect the accounts related to equity method results and equity method investment.

what am I doing wrong, they do not calculate,can you please help?


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