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Equity method of Consolidation
Dears, We have a requirement, where we need to write only into C#Elimination of [Share of Profit from] A#NetIncome and Same to be written to A#Investment in Equity Account as a other side of entry ...
Forum Discussion
Hi BCG - You would need to write custom rule for the Equity method scenario. Results for the scenario mentioned cannot be seen by OOB rules, however if your case is Proportionate/JV then Con % should be set as 50% instead.
Hi Yogesh,
PCON = 0
POWN = 50%
Ownership Type = Equity
I have written a logic under below routine with the method specific logic related to Equity method of accounting treatments, But no luck. results are not writing up to Elimination member.
Case Select Case api.FunctionType
Case Is = FinanceFunctionType.Calculate
If Pown > 20 And Pown <= 50 AndAlso vMethod.ToString = "Equity" Then
If api.Pov.Cons.MemberId = DimConstants.Elimination Then
Call EqutiyAccountCalculation(api,Pown)
End If
End If
Consolidation algorithm = standard and other options under it is false, even I tried putting true for Cons & Elimination options - no luck
Did you check to make sure that Cube property - 'Calculate Elimination Cons Member If No Data is set to True'. Rerun consolidation with the setting and share results.