Topic
  • 2 replies
  • Latest Post - ‏2009-05-22T09:00:36Z by SystemAdmin
SystemAdmin
SystemAdmin
41 Posts

Pinned topic E200 - Elimination Proportional Companies

‏2009-05-07T11:19:06Z |
Hi All,

One of our clients has a company that is 50% owned, and as a result they proportionally consolidate it. I have enabled the E200 automatic journal, and selected the "S" consolidation method on the company structure, and captured 50% as the "Votes %" and "Owned %".

We are now experiencing a funny problem where the proportional elimination is not equal to exactly 50% of the base data. As an example, if we have REVENUE of $100, instead of automatically eliminating $50 on consolidation (via the E200 auto jnl), only $20 is eliminating.

We have had something like this in the past, and removing invalid data sorted the problem out. In this case however, we ensured that there is no invalid data in the database but the problem persists.

Any ideas would be most welcome.

Thanks,
Kevin.
Updated on 2009-05-22T09:00:36Z at 2009-05-22T09:00:36Z by SystemAdmin
  • SystemAdmin
    SystemAdmin
    41 Posts

    Re: E200 - Elimination Proportional Companies

    ‏2009-05-07T14:11:57Z  
    Update on the above:

    Problem only relates to Retained Income Opening Balance, and the difference is the previous year's Retained Income Opening Balance. In addition to this, when copying journals over yearend, Retained Income Current Year accounts are not rolling into Retained Income Opening Balance.

    Based on the above, it would appear as if the problem relates to the GENERAL CONFIGURATION options, but I'm not sure exactly which one(s).

    Any help would be greatly appreciated.

    Thanks,
    Kevin.
  • SystemAdmin
    SystemAdmin
    41 Posts

    Re: E200 - Elimination Proportional Companies

    ‏2009-05-22T09:00:36Z  
    Made changes to the GENERAL CONFIGURATION.