In FCCS, how to calculate goodwill based on entity currency - IFRS Requirement
As per the IFRS requirement for statutory reporting, the goodwill that is calculated during investment-equity eliminations (as part of the configurable consolidation rule) is required to calculate goodwill based on the entity currency values of the investment and equity portions. How can this be configured in FCCS?
Currently, the goodwill is calculated based on parent currency values.
Attaching JPG of the IFRS section, which highlights that goodwill from acquisition of a foreign entity should be expressed in foreign entities' functional currency
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