Group (Dec) = YTD (Dec) * Own%(Dec)
Current Version Logics
Group (Dec) = Month(Nov) *Own%(Nov) + Month(Dec) *Own%(Dec)
Group and Minority Profit Calculation
The logic of the Group and Minorities calculation has been dramatically changed. It si now more accurate and provides a better insights of the Ownerhsip %s variation within the same fiscal period.
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Previous
Version Logics
Group (Dec) = YTD (Dec) * Own%(Dec) Current Version Logics Group (Dec) = Month(Nov) *Own%(Nov) + Month(Dec) *Own%(Dec) |
Notice . the Same logics it is implemented in the L12 Layer
The
Previous Version Logics it is preserved in the CCA Group/Minorities Calculation
Sub Procedure of the L10-04 Procedure : these dataflow are disabled and
tagged with [share]
The procedures Calculate Avg Share % and Select Working Periods YTD are working procedure belonging to this logics.
As per
sample above the logics is based on Monthly TBs. The data must be still
loaded with YTD logic : the monthly Amount is automatically calculated.
It is NOT necessary to execute the Consolidation every month to adopt the new logic.
Equity Pick Up Method
Equity Pickup Method is an accounting technique of re-evaluating the Investments in Subsidiaries. The purpose of this re-evaluation is to adjust the value of the investments in the Balance Sheet of the Holding Company
to consider the current value of the corresponding share in the equity of the subsidiary. Please have a look at the sample below.
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>
On the Tech Account "T195 Invest in Equity ..." in the
Layer L09 (Proportionalization) for each Movement the total*Ownership%
of the Counterpart (B) Equity Accounts is posted in the RU TBs
(A)
> In the Layer L09 (Proportionalization) for each Movement the Equity Accounts Amounts * Ownership% of the Counterpart (B) are posted and reversed on the RU (A) TBs. Notice : on the Counterpart (B) TBs these amounts are posted on TP like Counterpart. |
How to enable the Equity Pick Up Method
Open the Admin Capsule and Go To General Settings Screen.
Tick the check-box Enable Equity Pick-Up (Y/N) and Save
To Select which Accounts and Movements must be included in the Calculation, click on the Button Equity Pick Settings (Top, RIght Corner)
The Tick the check-boxes of those Accounts and Movements you like to selects. Press Save when done.
If
the "Force INVE Matching (Equity Pick-Up)" is enabled
all the Equity Accounts Amount of the Counterpart are balanced in the
Profit for the Period Account and Movement OTH. This helps if you don't
have any clue how to identify those meaningful combination of Accounts
and Movements.
The
Procedure "Equity Pick-Up Calculation" is invokes in the 040-09
Consolidation Step (Last Sub-Procedure)
Minor Improvements
It is now possible to partially execute the Consolidation Procedure. This helps during troubleshooting.
You can select which sections of the procedure you like to execute in the Screen Process Manager\090-01 Conso Execution
Ticking the check-boxes of the section you like to run. Press save when done. Default is All enabled.
A new Look and Feel has been applied on the Application Capsules. This doesn't touch in any manner the Capsule Structure, Scope or Screen List.
BFC 3.0 can be open with Board 9.1 or later version.
You can migrate from BFC 2.2 (or older) with and Xtract All and re-Load All but only if you didn't add or change any existing info-cube. Please check with the BFC Support for additional information.