Owner's Equity (Subsidiary/Proportional) Rule-Set
The Owner's Equity (Subsidiary/Proportional) rule-set consists of three rules / journal detail lines.
This rule-set applies the current period Ownership % and Minority Interest % to the current period Owner's Equity changes excluding Retained Earnings Current and Other Reserves. This assumes that the changes in Owner's Equity accounts excluding Retained Earnings Current and Total Comprehensive Income are deemed to be pre-acquisition//pre-divestment changes and that the Retained Earnings Current and Comprehensive Income changes are post-acquisition/post-divestment. Current year pre-acquisition/pre-divestment Retained Earnings should be transferred from the Retained Earnings Current account to the Retained Earnings Current Pre-Ownership Change account in order to be eliminated. This rule-set offsets with Investment in Subs (from Investment rule-set) and the two rule-sets use the Goodwill Offset account as the clearing account.
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 18-14 Owner's Equity (Subsidiary/Proportional) (Rule-set)
| Entry | Description |
|---|---|
| Condition | Entity Current Method = Subsidiary, Proportional and Total Data Source < > 0 |
| Factor | None |
| Dimension | Source POV |
| Account | Base of "FCCS_Total Equity" Excluding Base of "FCCS_Retained Earnings Current", Base of "FCCS_Other Reserves", "FCCS_CTA" |
| Intercompany | Base of "FCCS_Intercompany Top" |
| Movement | Base of "FCCS_ClosingBalance" Excluding "FCCS_OpeningBalance" |
| Data Source | Base of "FCCS_TotalDataSource" |
Table 18-15 Owners Equity (Subsidiary/Proportional)- Reverse Proportionalize (Rule)
| Entry | Description | Redirect Target Member |
|---|---|---|
| Condition | inherited | |
| Factor | Current \ Entity Consolidation % | |
| Processing Option | Subtract | |
| Dimension | Source POV | |
| Account | inherited | |
| Intercompany | inherited | |
| Movement | inherited | |
| Data Source | inherited | "FCCS_Intercompany Eliminations" |
Table 18-16 Owners Equity (Subsidiary/Proportional) - Goodwill Offset (Rule)
| Entry | Description | Redirect Target Member |
|---|---|---|
| Condition | inherited | |
| Factor | Current / Entity Ownership % | |
| Processing Option | Add | |
| Dimension | Source POV | |
| Account | inherited | "FCCS_Goodwill Offset" |
| Intercompany | inherited |
IF: Entity = #Legal Company# THEN: #Source POV Entity# |
| Movement | inherited |
IF: Entity Ownership % Change > 0 THEN: "FCCS_Mvmt_Acquisition_Input" ELSE: "FCCS_Mvmt_Disposal_Input" |
| Data Source | inherited | "FCCS_Intercompany Eliminations" |
Table 18-17 Owners Equity (Subsidiary/Proportional)- Minority Interest (Rule)
| Entry | Description | Redirect Target Member |
|---|---|---|
| Condition | inherited | |
| Factor | Current \ Entity Minority Interest % | |
| Processing Option | Add | |
| Dimension | Source POV | |
| Account | inherited | "FCCS_Minority Interest" |
| Intercompany | inherited |
IF: Entity = #Legal Company# THEN: #Source POV Entity# |
| Movement | inherited |
IF: Entity Ownership % Change > 0 THEN: "FCCS_Mvmt_Acquisition_Input" ELSE: "FCCS_Mvmt Disposal_Input" |
| Data Source | inherited | "FCCS_Intercompany Eliminations" |