Percent Control

Percent control represents the percentage of an entity based on voting shares that other entities own, directly or indirectly. When you select Percent Control, the system calculates the percentage that the selected parent’s holding company controls of each dependent based on the shares information stored in the Voting%Owned PCTRL system account using the ICP dimension. For example, if the calculation returns 80% for Entity A, the system stores 80 in the parent entity’s PCTRL account, ICP=A.