BCG
2 years agoNew Contributor II
Subsidiary Consolidation
Hi Experts,
I have subsidiary entity where it needs to be consolidated 100% but with other line of adjustments as below
NCI calculation on equity portion/Share capital elimination.
in HFM, We used to write on default consolidation rule first and then method specific rule on top of this
if same thing is to be applied in Onestream, can i follow as below ?
If entity method is subs then
Step1 api.ExecuteDefaultShare() to consolidate every account 100% firstly
User defined tagging=> Text tagging to Equity related accounts to pull accounts for NCI portion calculation.
Step2 Text specific Source accounts are reversed with Minority portion(%) into Elimination member and same writing to offset NCI account into the Elimination member like HFM ??