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Can we set up entity with dual ownership

edited Jan 28, 2025 6:40AM in Financial Consolidation and Close 13 comments

Summary:

Currently in FCCS we have it as 100% owned by the parent company that is how we went live with Oracle, can we set up the entity with dual ownership. Example two owners one with the 99.99% and 0.01% structure similar to another entity.

I believe yes but wanted to confirm as currently have it as 100% owned by the parent company and that is how we implemented.

@Ashutosh Bhatikar-Oracle

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