Changing Manage Ownership Settings

  • Ownership %

    You can change the Ownership % entry for any Entity parent/child combination as required.

    After you change a percentage entry and exit the field, the system updates the Control, Consolidation Method, Consolidation % and Minority Interest % to the entries for the method assigned to the range into which the entered Ownership % falls.

  • Control

    The Control entry is assigned by the system based on the entered Ownership % and the method ranges. If required, you can change the system-assigned Control entry.

    To change the Control entry, select the required entry from the drop-down list.

    If the Control entry has been changed from the system-assigned entry, the color of the field will change to a yellow background.

    To remove an override entry and revert to the system-assigned entry, from Actions (...), select Clear.

  • Consolidation Method

    The Consolidation Method entry is assigned by the system based on the entered Ownership % and the method ranges. If required, you can change the system-assigned Consolidation Method entry.

    To change the Consolidation Method entry, select the required entry from the drop-down list. The methods available in the drop-down list are dependent on the Ownership % and Control settings. The Holding method will only be available for selection with 100% Ownership and Control = Yes. Other methods will be available for selection based on their Ownership Method Control settings. So if Control = Yes, only those Methods with a Control setting of Yes will be displayed. To change the available Methods in the drop-down list, first change the Control selection.

    If the Consolidation Method entry has been changed from the system-assigned entry, the color of the field will change to a yellow background.

    To remove an override entry and revert to the system-assigned entry, from Actions (...), select Clear.

    Note that the combination of Control and Consolidation Method selected must match the method settings. If Control is Yes, the selected Consolidation Method must be one of the methods for which Control has been defined as Yes.

  • Consolidation %

    The Consolidation % will be displayed based on the method settings.

    You cannot modify this entry.

  • Minority Interest %

    The Minority Interest % will be displayed based on the method settings.

    You cannot modify this entry.

  • Subsequent Changes to Ownership %

    If you make changes to system-assigned Control and/or Consolidation Method entries and then you enter a revised Ownership%, any user-selected entries will be retained.

    If the Control and/or Consolidation Method should be updated based on the new Ownership%, then you must either clear the override entries or select new override entries.

Parent/Legal Entity View

After you complete the required changes in the Parent/Child view, click on the Parent/Legal Entity button to view and modify the ultimate ownership settings.

Each parent in the hierarchy selected in the POV will be listed, with a flat list of each Legal Entity descendant of that parent. You can expand or collapse the hierarchies as required.

  • Ownership %

    The Ownership % displayed is the calculated percentage based on the series of the individual parent/child entries from the current parent to each legal entity. For example, if the Ownership % for P1.P2 is 80% and for P2.LE1 is 50%, then the calculated cumulative Ownership % for P1.LE1 is 40% (80% * 50%).

    You cannot modify this entry.

  • Control

    The Control entry is assigned by the system based on the entered Ownership % and the method ranges. If required, you can change the system-assigned Control entry. The behavior of this field is the same as in the Parent/Child view.

  • Consolidation Method

    The Consolidation Method entry is assigned by the system based on the entered Ownership % and the method ranges. If required, you can change the system-assigned Consolidation Method entry. The behavior of this field is the same as in the Parent/Child view.

  • Consolidation %

    The Consolidation % will be displayed based on the method settings.

    You cannot modify this entry.

  • Minority Interest %

    The Minority Interest % will be displayed based on the method settings.

    You cannot modify this entry.