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Consolidation Rule Sets for Minority Interest

edited Dec 20, 2024 2:42AM in Financial Consolidation and Close 1 comment

Summary:

Hi All,

Good day!

I would appreciate your help with the following issue: We noticed that the minority interest calculation is not being picked up in FCCS, even though we are using out-of-the-box (OOB) rules.

Here are the details.

  • Unique COA Hierarchy: The client opted to use a unique Chart of Accounts (COA) hierarchy instead of the out-of-the-box one.
  • Ownership Settings: We have configured the ownership settings as follows: Are we doing this correctly?

  • Consolidation Rule Sets: We deployed the following consolidation rule sets, which we believe are relevant for handling elimination and minority interest calculations. Are we deploying these rule sets correctly?
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