IFRS requirement , minority interest calculation and accounting for in SAP.

hi ,
We need financial consolidation with full consolidation , equity interest, minority interest as per IFRS requirements along with inter company eliminations
Will it be possible thru ECCS or we need to go to SEM suite.
thanks
KR

Hi,
With Virtual Ledgers in Ecc 5.0 and 6.0 we can customise few things and connected to ECCS module.
If you have BI,SEM modules implemented then it is better to go with Consolidation modules rather than ECCS.
Thanks
G Bharathi

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Minority Interest calculation and consolidation

Hi people. i am new to HFM. I am kind of stuck with Minority Interest calculation and the consolidation of it. Now after looking at different posts on the minority interest calculation here , i am still confused if we could use the calculation expression for Minority Interest calculation within Sub Consolidate() or should we include it in Sub Calculate(). Please find below the script that i am working on.
SCRIPT :
Sub Consolidate()
Method=HS.Node.Method("")
PCon=HS.Node.PCon("")
POwn=HS.Node.POwn("")
vMIN=1-HS.Node.POwn("")
PMin=PCon-POwn
Dim strAccount,i
Set DataUnit=HS.OpenDataUnit("")
NumItems=DataUnit.GetNumItems
For i=0 to NumItems-1
Call DataUnit.GetItem(i,strAccount,ICP,Custom1,Custom2,Custom3,Custom4,Data)
If Method="Holding" Then
Call HS.Con("",PCon,"")
End If
If Method="Global" Then
If StrAccount = "281100" Then
Call HS.Con("A#281100",PMin,"PMin")
'Call HS.Con("A#281000",vMIN,"")
Else
Call HS.Con("",POwn,"")
End If
End If
'If HS.Account.IsConsolidated(strAccount) and Data0 Then
'If Data0 Then
'HS.Con "A#"&strAccount,POwn,""
'If StrAccount = "281100" Then
'HS.Con "",PMin,""
'End If
'End If
'End If
Next
End sub
Sub Calculate()
HS.EXP "A#281100 = A#CapitalStock - A#Investments"
End Sub
My Doubts :
1. Is the expression correct for Minority Interest calculation ?
2. If so can we use it in Sub Consolidate() ?
3. Should the Minority Interest consolidate to its parent using PMin ? If so kindly provide the appropriate expression.
Looking forward to some help. Thanks in advance.

Hi,
If I got it correctly, you don't want the A#281100 calculation to happen for your holding company. There is a preferable way to do your consolidation that avoids involving the Calculate() altogether. So scrap your Calculate and write this Consolidate() instead:
Sub Consolidate()
Method=HS.Node.Method("")
PCon=HS.Node.PCon("")
POwn=HS.Node.POwn("")
vMIN=1-HS.Node.POwn("")
PMin=PCon-POwn
Dim strAccount,i
Set DataUnit=HS.OpenDataUnit("")
NumItems=DataUnit.GetNumItems
For i=0 to NumItems-1
Call DataUnit.GetItem(i,strAccount,ICP,Custom1,Custom2,Custom3,Custom4,Data)
If Method="Holding" Then
Call HS.Con("",PCon,"")End If
If Method="Global" Then
If StrAccount = "CapitalStock" Then
Call HS.Con("",POwn,"")
Call HS.Con("A#281100",PMin,"")ElseIf StrAccount = "Investments" Then
Call HS.Con("",POwn,"")
Call HS.Con("A#281100", (-1) * PMin,"")Else
Call HS.Con("",POwn,"")End IfEnd IfNextEnd subWith this code, the minority interest will calculate only for entities using the Global method.
I did not drive you to this solution immediately in order to avoid to confuse you, as well as because this does not address the issue of Calculation() running at many Value levels.
Regards,
--Kostas

Configuration automatic interest calculation on Accounts Receivable (AR)

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Any one can send me documents for :..
Configuration automatic interest calculation on Accounts Receivable (AR) open invoices for AR module based on aging of the customer i.e. different ageing different percentage.
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regards
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Minority Interest Calculation in Consolidation

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Reagrds

What we did is set up a calc in the calculate subroutine that caculates minority interest and puts it to the elimination company.
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Philippe

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obi

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Minority interest - functional knowledge & grouping for Consolidation

Hi Experts,
Scenario
A > holds 100% in B, 10% in C, 5% in D
B > holds 90% in C, 95% in D, 100 % in E, 1 % in F
E > holds 99 % in F
No shares are owned by parties outside the group.
1) Minority Interest
In case like this will MI be accounted for?
Can we say B's holding of 1% in equity of F as minority holding?
Similarly A's holding of 5 % in D; 10% in C?
2) Consolidation Groups - in this scenario will be
CG 1 - E & F (E - Parent, Purchase Method)
CG 2 - B, C, D, F & CG1 (B - Parent, Purchase Method)
CG 3 - A, C, D & CG2 (A - Parent, Purchase Method)
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Thanks Dan!
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Deposit at notice- Accounting for Interest upon return of the deposit

Hi
The company has given Deposit at notice 52A 100 and after 6 months it got it back. How the system will calculate the interest and accounted for in the TM system.
Again refering the above, I have given the Deposit at notice 52A of 1million which is still outstanding as on 09/30/2009. I am running the accrual report using tcode TBB4. I dont see any accrual posting being generated for this transaction. I dont think this is normal. Is there any configuration which needs to be done for this?
Also what is the business process for bonus shares in TM.
Any inputs?
Regards
Sivakumar Gopalakrishnan
Edited by: Sivakumar Gopalakrishnan on Aug 20, 2009 2:08 PM

Hi,
I havent worked in deposits at notice. But as far as my understanding goes, The number of half years you have mentioned in your transaction type is the period upto which only cash flows will be generated automatically. if you have interest flow in seen in your cash flow then you can generate accrual.
For that go to your interest flow type and check the Rel for acc/def check box. Then under TM -- general settings -- accounting -- accrual/deferral -- money market
Here for your flow type, define the accrual procedure and define the accrual flow types and the correspoding reset flow types.
Bonus shares are accounted as corporate actions.
Regards,
Ravi

IFRS requirement , minority interest calculation and accounting for in SAP.

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