IC elimination for legal consolidation

[Former Member]

I am wokring on legal consolidation and am working on legalapp application.

I notice that the input schedule template for IC elimination refers to dimension members of application finance. Similarly the Logic file (ICElim.lgx in the server refers to dimension and members of finance application.

Are we expected to adapt tthe templates and logic files or are we supposed to perform IC elimination in Finance application and then transfer values to Legalapp application.

How to trigger conolidation process and calculation of minority interest.

Regards

Srikaran

[Former Member]

Hi Srikaran,

Could you please tell me what is Legal Consolidation, if you can send me any info . on Legal Consolidation to (santigulla at gmail ) it will be grateful.

Thanking you,

Sandy.

[Former Member]

Hi Sandy,

legal consolidation means an legal consolidated financial statement for consolidated companys.

there two kinds of consolidation first the legal consolidation and second the management consolidation. With BPC is it possible to build both in two difference Aplication.

Greets René

[Former Member]

You don't have to copy data from finance to legalapp for the intercompany eliminations.

You enter Intercompany data directly in the legalapp application for the intersections of IC accounts and intco counterparts.

Matching is normally done by creating logic that posts the entered ic data directly to the counterpart entity. From this you can create matching reports.

IC elimination and EQ elimination are being generated by the combination of the stored procedures 'sprunconversion' and 'sprunconso'. The legalapp application has examples for both of them.

I have never adopted the templates provided by apshell.

Hope this helps,

Alwin

[Former Member]

Hi Alwin,

Could you please dy tell me what is Legal Consolidation, if you can send me any info . on Legal Consolidation to (santigulla at gmail ) it will be grateful.

Thanking you,

Sandy.