Define Control Tables - Indirect Minority

This control table, E705, calculates Indirect Minority, which is a consequence of belonging to a group that is partly owned higher up in the structure. E705 uses the information in E700, but has its own automatic journal type - 97. Indirect minority is calculated in a step after all other automatic journals and is based on BASE value and all eliminations on the level where the indirect minority is booked, with special handling of intercompany posts.

Note:
  • Offset Account and Contribution Version are not in use for this control table.
  • Journal Type and Closing Version are normally not in use for this control table.
  • Indirect minority is calculated after indirect equity and indirect split, but before E800 transfer between restricted and non-restricted reserves.

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 E705, Indirect Minority. Click OK.
  3. Enter a journal number. The automatic journal type 97 is displayed automatically.
  4. Click Save.