Net Income (Subsidiary) Ruleset
The Net Income (Subsidiary) ruleset consists of two rules/journal detail lines.
This ruleset splits the ongoing post-acquisition income of the Subsidiary between the Owner's share and the Minority Interest share. The entry splits out the Minority Interest share in the Income Statement at the Minority Interest % and records the other side of the entry in the Minority Interest Equity account. The unadjusted remainder of the Net Income (the amount representing the Ownership %) is aggregated to the Owners' Income.
This rule does not rely on any Intercompany data entry in order to execute. It will run at the first consolidation level (that is, the immediate parent).
Table 19-34 Net Income (Subsidiary) (Ruleset)
Entry | Description |
---|---|
Condition | Entity Current Method = Subsidiary and Total Data Sources < > 0 |
Factor | Current / Entity Minority Interest % |
Dimension | Source POV |
Account |
Base of "FCCS_Retained Earnings Current", base of "FCCS_Other Reserves", "FCCS_CTA" |
Intercompany | Base of "FCCS_Intercompany Top" |
Movement | Base of "ILvl0Descendants([FCCS_ClosingBalance]" Excluding "FCCS_OpeningBalance" |
Data Source | Base of "FCCS_TotalDataSource" |
Table 19-35 Net Income (Subsidiary) - MI Net Income (Rule)
Entry | Description | Redirect Target Member |
---|---|---|
Condition | inherited | |
Factor | inherited | |
Processing Option | Subtract | |
Dimension | Source POV | |
Account | inherited | "FCCS_Minority Interest Income" |
Intercompany | inherited |
#Source POV Entity |
Data Source | inherited | "FCCS_Intercompany Eliminations" |
Table 19-36 Net Income (Subsidiary) - Minority Interest (Rule)
Entry | Description | Redirect Target Member |
---|---|---|
Condition | inherited | |
Factor | inherited | |
Processing Option | Add | |
Dimension | Source POV | |
Account | inherited | "FCCS_Minority Interest" |
Intercompany | inherited |
#Source POV Entity# |
Data Source | inherited | "FCCS_Intercompany Eliminations" |