This activity is used to analyze details, the result of different steps which take place during the Group Consolidation process and the Parallel Consolidation process.
The transaction types generated from the different steps of the consolidation
process are:
Translated Balance: The result of a currency conversion
between the node and the consolidated sub level node/reporting entity for the
row. The currency conversion is performed by using currency rates from the currency
rate types defined for the balance version connected to the structure in the
Consolidation Status page. If the node currency is the same as the currency
of the consolidated node/reporting entity, all consolidated balances will still
get this transaction type.
Ownership Elimination: The balance adjustments due to a not fully controlled reporting entity or node. This transaction type only occurs when the Equity Minority or Proportional consolidation methods are used.
Profit Elimination: The profit adjustments due to a not fully controlled
reporting entity or node. It represents the profit or loss owed to the non-controlling
interest when the Equity Majority consolidation method is used. Alternatively,
it represents the profit or loss receivable when the Equity Minority consolidation
method is used.
Intercompany Elimination: This type is used for eliminating
intercompany transactions, as well as any remaining differences.
The following transaction types are generated based on the Acquisition Register page in order to post equity elimination transactions.
Equity Elimination - Group: This type is used to eliminate related
equity items and to post goodwill/negative goodwill with regard to a parent
subsidiary relationship.
Equity Elimination - NCI: This type is used
to post the non controlling interest postings related to a subsidiary entity.
Equity Elimination - Amortization: This type is used to post amortization
transactions related to income statement and balance sheet.
Equity Elimination
- Exchange Difference: This type is used to calculate and post the exchange
differences on the elimination transactions.
Consolidated Balance: The total of all the above transaction types.
This type is only displayed if the Include Consolidated Balance option is selected
in the Zoom-in dialog.
Currency Effect-Opening Balances:
This type is used to calculate the currency effect related to the consolidated
opening balances. Generally this represents the difference between the closing
rate and the opening rate.
Currency Effect-During the Year: This type is used to calculate the currency effect related to the consolidated transaction during the consolidation period. Generally this represents the difference between the closing rate and the average rate.
Currency Effect-Counter Posting: This type is used to counter post
the total currency effect resulting from the currency effect-opening balances
and currency effect-during the year balances.
The following transaction
types exist for the parallel consolidation process:
Parallel Transferred
Balance: The parallel consolidated balances transferred from a parallel
structure node to another parallel structure node in a level above.
Rollback
Intercompany Elimination: The balances generated in parallel consolidation
process in order to rollback the intercompany elimination transactions in the
Group Consolidation process. The balances which requires to be eliminated in
the Parallel Consolidation process only contain this transaction type.
Parallel Dimension Elimination: This type is used to eliminate related
transactions between dimension values based on the parallel consolidation structure.
Parallel Consolidated Balance: The total of all the above parallel
consolidation related transaction types.
In order to perform this activity:
N/A