Consolidation %

B3nz

Hi All,

I have question about consolidation %,let's say i have business unit with 60% consolidation.
now when i import the data, the consolidated company will only import 60% value of the G/L account right? and the rest 40% is not keep in the consolidated company? i just want to confirm if this is correct?

thanks

ssingla

I haven't done but from accounting point of view 40% will go to minority interest account.

B3nz

ssingla wrote:

I haven't done but from accounting point of view 40% will go to minority interest account.

Hi Sandeep,

thank you for the reply.
yes actually this is what i wanted to confirm. because i can't seem to find any setting for this minority interest account. or maybe how to set it so that the 40% will go to that account.

any advice is appreciated

thanks

B3nz

anyone can help?