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Configurable Consolidation Rules accept the Account Eliminated Values from 20.04 (Doc ID 2665055.1)

Last updated on MAY 11, 2020

Applies to:

Oracle Financial Consolidation and Close Cloud Service - Version 20.04.58 to 20.04.58 [Release 20.0]
Information in this document applies to any platform.

Goal

Before 20.04, Configurable consolidation rules takes data from Proportion\Entity Total levels of Consolidation dimension, but does not take in account values which were eliminated.

For example, if Minority share in IG profit at some node as:

IG profit * PMIN, for example $100 * 0,25 = $ 25.
In the mean time, $20 from $100 were eliminated, which means that correct amount for IG profit is ($100-$20)*0,3 = $20.
FCCS does not take into account eliminated portion, which leads to an incorrect calculation of MI share.

 

Solution

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In this Document
Goal
Solution
References


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