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

Calculation of YTD values for Balance Sheet account after change in Ownership %

in Financial Consolidation and Close 2 comments

Summary:

YTD calculation of FCCS_Contribution while changing the Ownership %

Content (please ensure you mask any confidential information):

Calculation of YTD values for Balance Sheet account after change in Ownership % for Proportional Consolidation Method

YTD calculation of FCCS_Contribution while changing the Ownership %

We have few Balance Sheet account which is tagged as IS ICP and there are transactions in No_Intercompany too.
When we make a change in ownership % from 16.0257% to 10% in December, the system is calculating the contribution below:

December YTD contribution value = November YTD Contribution value of 16.2057% + December Periodic Contribution value of 10%

Eg: December Contribution = November YTD Entity Total * 16.2057% + December Periodic Entity Total * 10%

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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