Define Control Tables - Minority Share

Follow the next steps to define which accounts to use for calculating the minority share and where to book them.

Note:
  • Offset Account is not in use for this control table.
  • On the rows where the original value should be eliminated, the To Account can be left empty.
  • Result affecting intercompany posts are handled specifically as calculation basis for direct minority. Eliminations with counterpart in the closest group level only are included in the basis.
  • Note that using IC as company journals has a more thorough impact on minority calculation than if IC is booked as group journals.
  • If summation accounts are used, only enter them as From Account 1. You should not use intervals with summation accounts.

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 E700, Minority Share. Click OK.
  3. Enter a journal number. The automatic journal type 90 is displayed automatically.
  4. If necessary, enter a closing version and journal type.

    A blank journal type means that the journal will be booked on the same journal types as the calculation basis.

  5. You can select a Contribution Version. Select a contribution version with base values and accurate automatic journals defined with a lower level than the level of the present automatic journal. Note that by leaving the contribution version field blank, only base values and automatic journals from a lower level will be used as the calculation basis.
  6. In the From Account 1 and From Account 2 columns, enter the range of accounts to base the minority calculations on.
  7. In the Sign column, enter a plus sign if the value should be booked with the same sign as the From Account, or enter a minus sign if the value should be booked with the reversed sign.
  8. In the To Account (OB) column, enter the OB account belonging to the selected To Account for change.
  9. 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.

  10. If applicable, enter dimension codes to store the calculated transactions with.
  11. Click Save.