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elimination

in Financial Consolidation and Close 1 comment

Summary:

Alternate hierarchy doesn’t roll up correctly for the Alternate hierarchy parent Entity due to missing elimination.

Content (please ensure you mask any confidential information):

Background: In the main hierarchy we have C205 and C215 roll up to C055; C404 and C414 roll up to C056. C205 and C404 are GroupA companies, C215 and C414 are GroupB companies. In the alternate hierarchy we want to separate GroupA and GroupB companies under parent companies C060 and C061 respectively.
Issue: We consolidated the historical years for this alternate hierarchy and started seeing variances. Bringing C205 as a sibling to C215 under the Parent C061 fix this issue. We would like to have the elimination but don’t want to bring C205 as a sibling. Any suggestions to resolve this issue?

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