FI-LC: Extended Functionality in Customizing Consolidation of Investments
Description
As compared to the existing functionality, various enhancements were made in the definition of consolidation methods.
1. You now have the option to make a
selection of the consistent (checked and error-free) consolidation
methods.
To do this, choose the menu option "Selection" in the list of the consolidation methods.
The consistency check of a method can still be found in the detail screen "General consolidation method" under the step "Method".
To do this, choose the menu option "Selection" in the list of the consolidation methods.
The consistency check of a method can still be found in the detail screen "General consolidation method" under the step "Method".
2. There are two new functions in the
detail screen "General consolidation method":
"Method +" and "Method -" let you to jump from the current method to another method without having to return to the method list. These functions are available either via pushbuttons or under the step "Method".
"Method +" and "Method -" let you to jump from the current method to another method without having to return to the method list. These functions are available either via pushbuttons or under the step "Method".
3. Now there is a separate detail screen
for maintaining the financial statement items and reporting data (of the
sets):
- Via the step "Goto" or by double-clicking on the respective field, you can branch to Set Maintenance.
- Transaction type sets can be defined for the equity item sets.
- The equity item sets must be distinguished by first and subsequent
consolidation, so that the system can distinguish between the values of the
first and of the subsequent consolidation when loading the data from the
database.
Therefore, when defining equity item sets, you must ensure that the sets for the first consolidation and the subsequent consolidation are different. Either the transaction types or the financial statement items must differ.
4. For versions with appropriation of net
income on the balance sheet, the detail screens for maintaining the
appropriation of net income of the corporate group and that of the minority
ownership are no longer provided. The functions are not needed here since this
has already been taken care of by assigning the FS items for minority
ownership.
5. In all detail screens of Selected Item
Maintenance, selected items can now be overwritten by space in change mode.
This is a temporary deletion. After saving, these selected items are then
deleted from the Selected FS Chart of Accounts.
6. The screen for maintaining the
differential has been slightly modified for proportional elimination:
You can now define a transaction type that corresponds to the elimination item, that is needed for creating an equity aging report.
You can now define a transaction type that corresponds to the elimination item, that is needed for creating an equity aging report.
7. The screen for maintaining investment
items has also been changed:
Maintaining the selected item "EQ0" (investment item for shares in affiliated companies) is now no longer supported. Instead, the Consolidation of Investments program uses the Changes in Investments item for the subsequent consolidation.
Maintaining the selected item "EQ0" (investment item for shares in affiliated companies) is now no longer supported. Instead, the Consolidation of Investments program uses the Changes in Investments item for the subsequent consolidation.
Change system parameters in customizing
For maintenance in the Implementation Guide chapter -> Consolidation
-> Consolidation of Investments choose the step 
Set
up Consolidation Methods.