Mid-Year Divestiture Reversing full YTD Data
Hi All,
We have a client who wants to exclude a subsidiary from their reporting rollup starting mid year in May 2022. Unfortunately the consolidation view is set to YTD so it appears that when we s...
Forum Discussion
Hi Joe
The easiest solution is just to load (or copy i.e. with a datamanagement job) the Mai's information forward till the end of the year.
How is the Mai's balance sheet of the deconsolidated company looking? Is it already deconsolidated in the ERP? Or was it deconsolidated with a rule, or manually? Is it an international company with a foreighn currency (this adds some complexity if you're currency conversion is YTD)?
For the BS, I'm using a business rule to copy all end balances to a dedicated deconsolidation flow, with the returned earnings as a plug.
I hope this helps and regards
Christian
Hi Christian,
Do you possibly have an example of this BR you used to achieve this? I have been taking a shot at writing it in a rule attached to the cube so it runs every consolidation and I am not having any luck triggering it. I am wondering if I need to change the consolidation settings on the cube or leverage a different FinanceFunctionType than custom calculate.