Enter Shareholdings and Investments in External Companies, Option 2
You can use this function to enter external shareholdings and investments from the owning companies' perspectives, up to and including a given period.
- From Data Entry - Reported Values, you can use the form to limit the available accounts.
- If you are using an account with dimensions, it is mandatory to select the dimensions you want to book the transactions to.
You can enter transactions for each account that is intended for external investments. This must be defined in the Define Account Structure window. You can register external shareholdings and investments under the user-defined company codes created in this window. This means that you do not need to have these companies defined in the Company Structure/Define window.
Book External Investments in main accounts and not in movement accounts. Even if you use movement accounts, investments in external companies from previous periods are accumulated to the same transaction account and not shown as opening balances. All transactions until the 'Up to Period' are included in the current period's transactions and there is no split between the opening balance and this year's change. This only applies to investments in external companies and not investments in internal companies.