Example

Calculation of equity shares in associated companies is an example of an automatic journal.

When consolidation has finished, you can follow the automatic journal sequence in a report, consisting of:

Reported values
Elimination of the full amount in all accounts
Booking of equity share
Elimination of investments

In IBM® Cognos® Consolidator, where an acquisition module is used, only the equity share (net steps 3 and 4) was consolidated and the first two steps were omitted.