Define Control Tables - Transfer between Restricted and Unrestricted Equity

Follow the steps below to define how to transfer amounts between restricted and unrestricted equity. This control table is commonly used in Sweden.

Note:
  • Contribution Version is not in use for this control table.
  • Offset Account is normally not in use for this control table.
  • According to Swedish Companies Act, parents possibilities to make distributions to the shareholders are restricted to unrestricted equity presented in the consolidated group. This calculation is based on instructions in RR1:00 (standard issued by Swedish Financial Accounting Standards Council).
  • The calculation referred to above is a legal matter. Consequently, transfer of equity does only apply to strictly legal structures, based on legal ownership.
  • Calculation of unrestricted equity in a group is a legal requirement. The rules upon which IBM® Cognos Controller base its calculations in E800, handles the main issues regarding transfer, but can never replace a calculation strictly according to the instructions in RR1:00.
  • In Cognos Controller the calculation can be made in two ways. Either based on each company from the bottom and up, with no calculation on consolidated figures or based on subgroups values by using the parameter MOVE_STEP_BY_STEP available on the Server Preferences tab of the General Configuration. Step-by-step consolidation is performed by default.
  • Calculation of contribution to unrestricted equity is based on consolidation method P (acquisition method).
  • Blank closing version means that reported values and all journal types are included.
  • Transfer of equity is based on each company separately from the bottom and up. No calculation is made on consolidated figures.

Procedure

  1. On the Maintain menu, click Configuration/Automatic Journals/Control Tables/Acquisition Calculations. The Control Tables - Acquisition Calculations window opens.
  2. Select control table E800, Transfer between Restricted and Unrestricted Equity. Click OK.
  3. Enter a journal number. The automatic journal type 80 is displayed automatically.
  4. If needed, enter a closing version and journal type.

    A blank journal type means that the journal will be booked as reported value. This means that etyp 80 can only be booked on one journal type (blank or not).

  5. In the From account column, enter the accounts to base the calculation on.
  6. In the To Account (OB) column, enter the OB account belonging to the selected To Account for change.
  7. In the To Account (change) column, enter the accounts where the elimination should be posted.

    If you have a non integrated reserves specification, you need to have both the detailed account and the main account as To accounts.

  8. In the I/U/R column, enter the account type to transfer values for.

    I - net income accounts, U - unrestricted reserve accounts, R - restricted reserve accounts.

  9. In the Priority column, enter the priority order in which to perform the transfer of equity within the types I, U and R.
  10. If applicable, enter dimension codes to store the calculated transactions to.
  11. Click Save.