Eliminations
Discussion List
-
Will there be eliminations when an entity is no longer consolidated during mid of the fiscal yearSummary: We have a scenario wherein a subsidiary entity of a holding company is dis-invested mid-year in period 4 of the financial year with no sale proceeds whatso ever…Rashmi Subash 15 views 4 comments 0 points Most recent by Ajay Kumaran-Oracle Financial Consolidation and Close -
IC elimination happening at Standalone level, needs to be removed.We have Tagged two newly created account codes in few ICP locations for ICP elimination. The same code is getting eliminated in standalone as well, however this should b…KIRTI SETH 6 views 1 comment 0 points Most recent by Ajay Kumaran-Oracle Financial Consolidation and Close
-
Intercompany Elimination is not happening in shared entitySummary: There is new requirement from business for OrgByPeriod. we have 100% ownership and not enable any configurable consolidation rule. we have 10 yrs data in the sy…
-
ICP Elimination result in FCCS - QuestionSummary: Is elimination possible in FCCS for case 1 as below. Currently it is not happening in our case. Or is there is a work around. Content (please ensure you mask an…Jai Prakash 46 views 4 comments 0 points Most recent by Ajay Kumaran-Oracle Financial Consolidation and Close -
Enabling FCCS custom ICP eliminationSummary: One of my customer has a requirement to disable ICP elimination and want to record difference at custom eliminating entity. He doesn’t want the Parent Entity to…
-
Entity with same ICP booking and JV & Equity should not reflect on Interco ReportSummary: Customer is running the Standard Intercompany Report to reconcile the values present in the Plug Accounts and they are not able to see the same values from the …Kenneth John Asper-Oracle 154 views 24 comments 0 points Most recent by Kenneth John Asper-Oracle Financial Consolidation and Close -
How to best handle an entity structure change ?Hello, I was wondering if you could help me out on how to best handle an entity structure change. The case is the following : Entity A used to be owned by group 1. It is…Camille Dhallenne 15 views 0 comments 0 points Started by Camille Dhallenne Financial Consolidation and Close -
Consolidated Entry eliminating at level below common parent. Is this normal?Summary: We have two entities that have a common parent of "Parent1". They are eliminating but eliminate at "Parent2" and "Parent4" which are children of Parent1. Is thi…Gary Westacott 11 views 1 comment 0 points Most recent by Chansouda-Oracle Financial Consolidation and Close
-
Moving Entities within HierarchySummary The moved entities are not eliminated on the top parent.Content I have shared two entities within the legal hierarchy, as they have been moved from one parent to…User_2025-01-28-06-00-52-013 73 views 8 comments 0 points Most recent by Shailesh Kumar -Oracle Financial Consolidation and Close -
Incorrect Entity Amount and Partner Amount in Intercompany ReportSummary: Customer is validating their intercompany transactions using the standard intercompany report and the Entity Amount and Partner Amount is not consistent in show…Kenneth John Asper-Oracle 52 views 12 comments 0 points Most recent by Kenneth John Asper-Oracle Financial Consolidation and Close
-
new subholdingSummary: Starting Jan 2025 in the legal structure a new subholding must be included. This means not only that from that date on opening balances must be calculated, but …Joost Mellegers 31 views 3 comments 0 points Most recent by Joost Mellegers Financial Consolidation and Close
-
Intercompany Eliminations on Alternate HierarchiesSummary Values not eliminating when shared parents only exist in alternate hierachiesContent Hi, has anyone hit this issue in FCCS:- We have a primary hierarchy [FCCS_To…Brian Somers 698 views 34 comments 1 point Most recent by Ravi Rama Financial Consolidation and Close -
Partner Elimination now shows detailsSummary: Content (please ensure you mask any confidential information): Hi All We are seeing a "New " ICP elimination behaviour in FCCS and we are not sure if this is a …NK2025 21 views 4 comments 0 points Most recent by Ashutosh Bhatikar-Oracle Financial Consolidation and Close -
Minority Interest Calculation for a specified entitySummary: Hi All, Good Day! How do we configure the minority interest calculation for a specific entity without modifying the entity structure? We have tried the calculat…Feluche 24 views 2 comments 0 points Most recent by Kenneth John Asper-Oracle Financial Consolidation and Close
-
Minority for managerial entity structuresSummary: How to calculate correct minority interest in managerial entity structures when there is no parent entity representing the only partially owned entity group? Co…Joost Mellegers 1 view 0 comments 0 points Started by Joost Mellegers Financial Consolidation and Close
-
Can Out of the box Eliminations data source in FCC be split in two parts? How?The adjustment period data in our Client's case is booked in P12 itself and then it is separated by a different data source specific for P13. But for eliminations, since…
-
Can I add shared members under FCCS_Total Geogaphy?Summary: I am trying to change at what parent an elimination occurs and am not getting it to change. I have added a new shared member under the new parent. (this is done…Nathan Foutch 11 views 2 comments 0 points Most recent by Nathan Foutch Financial Consolidation and Close
-
Quantity ConsolidationSummary: Content (please ensure you mask any confidential information): Hello, I need to consolidate quantity of product, i.e. tons of products. I understand that the am…CarolinaRodriguez 11 views 4 comments 0 points Most recent by Ashutosh Bhatikar-Oracle Financial Consolidation and Close
-
Eliminations in FCCS when entity is movedSummary: Our business team would like to know what happens when one entity is moved from one parent node to another. What is the recommended method to do so? Here is the…Tina Valtchev 21 views 2 comments 0 points Most recent by Nathan Foutch Financial Consolidation and Close -
Calculation of Goodwill after an ownership changeSummary: Hi, The ownership of one of an entity in our entity hierarchy was changed from 80% to 90% from July. According to the configured consolidation rules the the tot…
-
Need to Create Members under Total Data Source MemberWe have a requirement to create 2 Parent members under Total Data Source to differentiate between PCM Allocations and Unallocated Data. We do not need eliminations to ta…Kasi1981 21 views 1 comment 0 points Most recent by Ajay Kumaran-Oracle Financial Consolidation and Close
-
Data copy from one intercompany account to another account for elimination transactionsSummary: We created an ODR to copy data from a group of accounts's FCCS_Eliminations and FCCS_Intercompany Eliminations in parent currency to another group of accounts F…
-
We set the StrictElimCondition variable as faulse, It is not effectiveWe set the StrictElimCondition variable as faulse, the entity and partner are the same not eliminated after run consolidate. Is there any way to solve this problem?Axiya 21 views 7 comments 0 points Most recent by Ashutosh Bhatikar-Oracle Financial Consolidation and Close
-
Decentralize pods into ERP and non ERPSummary: Decentralize pods into ERP and non ERP Content (please ensure you mask any confidential information): Hi Team, Greetings! This question is about the requirement… -
Substitution Variables "DisableEEA" and "DisableEPA" not working anymoreWe have used the 2 substitution variables DisableEEA and DisableEPA but now we notice they are no longer working. Having checked the online manual they are also no longe…
-
Entity Proportion Adjustment (EPA) ExplanationSummary: Hi, we need an explanation about how can the Dimension Consolidation: Entity Proportion Adjustment (EPA) suddenly showing some balance after we disposed an enti…Andika14 73 views 5 comments 0 points Most recent by Cynthia Kumar Financial Consolidation and Close -
Moving a subsidiary from one parent to another in an alternate hierarchy (shared member)Content We have two entity hierarchies: - GEO hierarchy which is our primary hierarchy (all base members are set up as Never Share) - consolidation in this hierarchy is …User_2025-03-10-22-05-05-773 210 views 15 comments 2 points Most recent by NK2025 Financial Consolidation and Close
-
Partner Elim Second perimeter doubling data after the consolidationSummary: Content (please ensure you mask any confidential information): Hi all We have an persistent issue where for a Partner Elimination the second perimeter doubling …
-
FCCS Disabling Equity pickup process for specific EntitySummary: We are Removing some entities from Dec, 2024. We want one Specific leaf entity(E_PLATA) needs to stop doing equity pickup process and investment calculation but…BDixit9 31 views 2 comments 0 points Most recent by Maggie Reed-Oracle Financial Consolidation and Close
-
FCCS intercompany elimination within the same entitySummary: We all know that the intercompany transaction is happening between two different companies to perform the elimination. However, is there a way to do it within t…