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100Rub
May 24, 2024

Equity Elimination

  • May 24, 2024
  • 1 reply
  • 0 views

Hi all,

We are in the process of implementation. How to eliminate Share Capital of the subsidiary where Percent Consolidation (PCON) and Percent Ownership (POWN) is 100% 

Thanks

1 reply

H
Henning
May 27, 2024

Hi, that is a very high-level and generic question which in my view cannot be answered just like that. This very much depends on your setup and requirements (entity hierarchy, foreign currencies, holdings, ...). This should be defined in detail with the trusted implementation partner consultancy in my view.

Having said that, it is standard to do just that in OneStream. It just needs to be defined properly to set the settings as needed.

1
100RubAuthor
May 27, 2024

Hi, in the given example screenshot, XYZ is a holding company with 100% ownership and 100% consolidation, and its currency is USD. ABC is a fully consolidated entity with 100% ownership and 100% consolidation, and its currency is INR. America is the parent of both XYZ and ABC. How do we eliminate the share capital of the subsidiary?


100Rub_0-1716813930514.png

Thanks

 

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