on 05-05-2011 1:37 PM
Hi,
I have a requirement to avoid dividend postings to minority interest share portion. We want to post 100% of the dividends to the group company. However the current group shareholding is only 75% hence the system is posting 25% of the dividends to the minority share group. The consolidation of investment method used is pooling of interest method.
Please see the attachment for the screen shot, click on this link and click on the download file button to download the screen shot :- http://wikisend.com/download/289316/Minority%20share%20dividends.JPG
Edited by: FICO Consultant on May 5, 2011 2:41 PM
Edited by: FICO Consultant on May 5, 2011 2:42 PM
Actually the Minority interests are calculated during the Distribution of dividends COI activity. So, if you want to avoid that, I would just delete the config relating this activity in the workbench (location of values)
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
Hi,
I cannot delete the distribution of dividends in the location of values because the delete button is not enabled for me. I tried to clear the FS item allocated and did the COI but the system still doing the distribution of dividends somehow. Dont know how. Is this the correct place to deactivate this activity?
I went to the activities screen where i can set the default sequences of the CI activities. But i cannot remove the distribution of dividends activity there too.
Here is the screen shot :-
Hi,
I have not tried your latest suggestion yet but i noticed the CI activity 18 is responsible for the distribution of dividends and there is a record supplied in AFD with a CI activity of 18. So i am thinking of removing this record so that it wont even trigger the distribution of dividends CI activity 18.
How does this sound to you?
User | Count |
---|---|
8 | |
4 | |
3 | |
2 | |
2 | |
1 | |
1 | |
1 | |
1 | |
1 |
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.