Minority Interest in Subsequent Consolidation

[Former Member]

Hi Experts

Is there a way to ensure that the P&L account for MI is posted in the COI task for the Subsequent Consolidation activity?, we have scenarios with percentage of ownership < 100% that should generate the minority interest in P&L.

We have the proper configuration in the "Appropriation of Retained Earnings" --> "Net Income" --> "Minority Interest in Net Income" option. See following thread:

In the consolidation area we have selected the Appropiation of Retained Earnings "in Income Statement". See following thread:

In the execution of the COI task for the subsequent consolidation activity, only the Balance Sheet postings (for the RE and MI) and the statistical Net Income Postings appear in the posting document, the P&L account for MI is missing.

Are we missing something?

Regards

Paul

[former_member209721 · Accepted solution]

Based on my experience both the PL and BS items should be movemented during subsequent consolidation (including the MI FS items). You can find the detailed accounting scheme on help.sap.com in the COI chapter. However, I have always used the appropriation of RE in the BS (not in the PL)

[Former Member · Accepted solution]

Thanks for the reponse, we tested with both options in the consolidation area and neither of them gave us the desired posting in the PL account.

Addtional Information that might me useful:

Accounting Technique: Purchase Method

Acquisition: Direct Share

Investment Data comes from Additional Financial Data

Equity Data comes from Totals Database (hence the RE comes from here)

Regards

[former_member209721 · Accepted solution]

So, there might be something missing in your custo, especially regarding the elements that trigger the IS minorities. Did you assign the correct accounts in the selected items ? Are you sure of your custo in the COI workbench?

[dan_sullivan · Accepted solution]

One suggestion is to execute the COI configuration check program to determine if there are any configuration conflicts.

[Former Member · Accepted solution]

Thanks for your support and sorry for the delay in answering, the problem was the clearing BS and IS items we assigned, we changed that and the MI in P&L was correctly generated, points have been assigned