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

Minority interest Question

in Financial Consolidation and Close 2 comments

Summary:

Dear All,

We have an entity with 95% consolidation. In FY22, the minority interest was calculated on total equity and posted to its parent. However, in FY23, the system is not calculating the minority interest correctly (100%-95%) it is giving something else.

Has anyone else faced this issue or have any suggestions on how to resolve it?

Content (please ensure you mask any confidential information):


Version (include the version you are using, if applicable):

24.09


Code Snippet (add any code snippets that support your topic, if applicable):

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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