Purchase method
1. While accounting using Purchase method for COI, how is intercompany dividend is eliminated?
Is it part of level 20 elimination of intercompany income vs Expenses?
2. I beleive while accounting by Equity method.. there is no need to eliminate the intercompany devidend receipt at all. is it correct?
Hi Gokul,
Q1. No, it's not Revenue - Expense elimination.
For purchase method there are eliminations in all 3 main consolidated reports:
B/S: A/P vs. A/R
B/S + P&L: Dividends paid (in equity) vs. Income in form of dividends in P&L
Cash flow: Non-cash adjustments to ANI and dividends distribution.
Q2. That's correct. In case of associated companies the parent company takes its portion of the RE and places it into investment and its own RE. Not to be eliminated.
Similar Messages
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First Consolidation purchase method subsequent consoli.. in Equity method
I have a scenario where the business wants to eliminate investments and equity postings. So investment should be offset against equity.(like in Purchase method). After the client also wants the Net income from the investee to be rolled into parent .(like in equity method offset against investment and offset to a P&L account.). Can some body give me a suggestion how to configure this kind of situation.Is this scenario reasonable.
Also all subs are 100% owned.So no minority or goodwill activities are taking place. Any help is appreciated.
Thanks.
SanjayThe earnings of the subsidiaries is automatically included in the cons group results.
However, I have seen this request on more than one occasion and have dealt with it differently depending on the reason for this requirement.
For determining the value of a parent, including investment in subs, the best approach IMHO is to create a separate cons group hierarchy exactly the same as the legal or standard hierarchy, with different group names (we used the first letter L for each group in the legal hierarchy and first letter E for each group in the "equity" hierarchy). In the equity hierarchy each unit is assigned the equity method except for the parent company of each group. Then COI is executed for this hierarchy. In the equity hierarchy, all the earnings is posted to the parent. Reports may be written for this hierarchy to achieve the required results. -
I had submitted my app to apple for approval. My app got rejected as
PayPal has been used as payment method. in-app purchase method was
suggested by apple. My app charges yearly subscription from users. In-App
purchase does not support this type of payment process ( or, I could not
get to it).
Please allow me to use paypal or guide me on how can I charge yearly
subscription from users using in-app purchase payment method.You're not talking to anybody from Apple here.
We're all just users like you.
But I can tell you without reservation that PayPal cannot be used in an iOS app. -
Payment/Purchase Method.
Hi.<br>So, I'm wondering.. What is the logic behind the Payment method wen purchasing applications on BB App world?? I mean couldn't they have made it easier and be deducted from our Recharge balance(Airtime)?? I mean it is not all of us who can use the 'pay-pal/Visa' method!<br>Thanks!
Some carriers do certainly allow app purchases against your airtime credit.
If yours does not, you should contact your mobile provider and ask them to do so.
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As the title said.
Your help is appreciated.There is no Refurbished section in the Apple Online Store for Malaysia (http://store.apple.com/my), so no.
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Family sharing not allowing me to make purchases without using my husband's payment method
My Husband and I recently took the plunge and joined Family Sharing.
Having pretty hectic lives, we haven't worked it all out as yet - and today, I tried purchasing an App - and all of a sudden I am being required to use my husbands iTunes account and Payment Methods, rather than my own, which I have used for many years.
We did make my husband the organiser, however, I am on the account as an adult, and find this sudden change invasive and unacceptable. Nothing in the literature explaining family sharing says that the adult who is not the organiser, can no longer control their own purchases and purchase methods.
we love the idea of family sharing for photos, movies, apps, books etc .... However I do not want my purchases and subscription communications to go through to my husband. We are both busy, independent adults - and although we have nothing to hide from one another, what we each do should be communicated to and controlled by each of us.
I just called support, and they are telling me that there is nothing they can do about this ?
Anyone got any advice, or experiences to share ? TIAYour purchases will be charged against the Organizer's charge card on file, but they will reside under the Apple ID that you are purchasing them under (so if later, you were to leave Family Sharing, they would be "owned" by your Apple ID). If you have a gift card on file for your Apple ID, it will take the funds from the gift card first before going to the Organizer's charge card, but the entire set-up of Family Sharing is one that is designed to charge all purchases against the Organizer's card on file.
How is the set-up invasive, exactly? Family Sharing is primarily designed for families, especially ones with small children. The FAQs and ad pages are very clear about the fact that the Organizer pay for all purchases:
https://www.apple.com/icloud/family-sharing/
Cheers,
GB -
I have being trying to purchase movies and tv shows on apple tv. i keep getting verify purchase method in itunes. i do and i can purchase things from my computer and iphone but apple tv wont let me how do i get this to change!!! i have changed my password restarted, apple tv and deleted and re entered my payment info! please help...
Look for a None option in the Payment Methods;
If you do not have one you will have to supply a bank card or redeem an iTunes Gift Card. -
Title says it all really,son has until now used our itunes account,in future will want to build up own but wants obviously to have access to past musuc/books etc.I was thinking authorise new macbook with existing apple id ,transfer music ,then set up new id for future,if he wants to play old music he will have to log in under old account.
Also want to link to icloud but this will need to be the new id presumeably because you are not allowed to change the computer,does this mean it will only back up the stuff from new account?I have tried the method of authorizing my computer and then initiating transfer purchases method yet my purchases were not transfered. I was told Apple can put your purchases in a certain place for you to retrieve them in your I-tunes account.
Is there any way you can help me with this problem? -
Can you just unlock my account to purchase from another card?
We are all just fellow users here and can't unlock anything for you. If your account is locked so that you can't sign in to enter in a new purchase method, go here:
http://www.apple.com/support/itunes/contact/
and follow the instructions to contact the iTunes Store and request assistance.
Regards. -
Hi!
I need the IAP functionality in my project. I've take the Inn-app purchase native extension by Adobe. During the developing process the extension worked fine. But when I've compiled my app for OTA (with corresponding certificate and provisioning file) the extension stops work. When the app calls purchase method nothing happens (when the app was compiled with development certificate and provisioning file I could run the full purchase process)
OlgaI've fixed the problem. It was related to the wrong configuration of the bundle name.
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Balance carryforward consolidation unit with equity method
Hi experts,
One question in relation with balance carryforward in SEM BCS 4.0. Do Additional finantial data of Consolidation unit with equity method must be carried forward to following periods?
I have a problem with AFD validation for equity method.
Best regards,
Beatriz B.Thanks Halim,
I am not using consolidation unit combination. It is only Legal Consolidataion. However, I have fixed the problem by changing the master data of consolidation unit. I have enabled FCEP.
I have one more question. Do I have to run Consolidation Group Change Task also when I am switching from Equity method to Purchase method for Associate companies?
When I am changing from Equity to Purchase method all the previous C/I postings are reversed, but the profit of Associates which was already accounted by holding company in the previous period is transfered to Net Income-Method Change and second effect is given to Goodwill (GW is enhanced).
Hence, post change of method, when I upload TB of Associate, the Net Income is not eliminated to the extent of the profit Adjusted on account of Method change.
Please suggest,
Thanks,
USR -
Itunes unable to transfer all purchases from ipad
So whenever i try to transfer purchases from ipad onto itunes there comes an error saying some of the purchases couldn't be transferred because this computer isn't authorized to.
I then authorize and it says i've already authorized. But try transferring again, the error message still shows up.
All the purchases in the ipad haven't been done from the same apple ID.
So is it that the purchases from a different apple id than the one logged onto in itunes cannot be transferred or something?
I hope i'm clear enough!
Kindly help!I have tried the method of authorizing my computer and then initiating transfer purchases method yet my purchases were not transfered. I was told Apple can put your purchases in a certain place for you to retrieve them in your I-tunes account.
Is there any way you can help me with this problem? -
P owns 30% of S1. (using equity method)
Investment = 30.000 USD
Equity of S1 = 25.000 USD
S1 owns 70% of S2. (using purchase method)
Investment cost = 50.000 USD
Equity of S2 = 30.000
What is the journal of first consolidation in group S1 and group P?I believe it should be as follow , right?
Cons group S1:
investment -50
equity +30
goodwill +10
minority interest liability -10
Anyway, thanks for your clarification. I also think in the same way. But my system provide wrong journal entry. It provides as follow for Cons group S1 :
Equity 30
MI equity -30
and there is no journal entry for cons group P.
Do you have any clue on this?
Thanks. -
I/U Elim with Equity Method
Dear BCS SDNers,
I have an issue regarding I/U Eliminations with Equity method companies.
If I remember correctly in my other projects (I am not able to check it now), the system is supposed to look at the accounting techniques to determine if it has to post or not the I/U Elimination.
Example :
A transaction involving Company 1 (Purchase method) with Partner 2 (Equity method) must not be included in the elimination process. Thus, the system is enough intelligent to skip this transaction.
Do you agree with me ?
If it is true, I have an issue, because it is not working in my case : it tries to eliminate this transaction... Did I forget something ?
I have re-checked everything, including SAP notes and the BCS doc, but I don't find...
Thanks in advance for your help.
Regards,
ThibaudHi Dan,
Your answer is very relevant.
But I still have a small doubt....
When I look to SAP documentation, there is nothing about that !
Anyway, thanks for your help.
I'll maybe ask SAP for a confirmation
Regards,
Thibaud -
Amortization of Goodwill after method change
Hi all,
Need some help.
It is not really clear to me how does BCS take into account (equity-method)goodwill, and further more - amortization of goodwill, in/after Method Change activity.
Business scenario
Step 1.
Company "A" (equity - 1000 monetary units) is consolidated using equity method (25%) since Q4/2005 (parent company invested 4000 monetary units).
Step 2.
At the end of Q4/2006 method change takes place, equity to purchase (25% --> 51%).
Step 3.
At the end Q4/2007 parent company increases its ownership in company "A" (51% --> 60%).
Customizing
- COI method "METH1" utilizes equity method as an accounting technique. Acquisitions - group shares. Extraordinary amortization of goodwill
- COI method "METH2" utilizes purchase method as an accounting technique. Acquisitions - group shares. Ordinary amortization of goodwill, starting next Q, during 20 years.
Expected behavior
Step 1.
Equity-method goodwill arises (3750 monetary units).
Step 2.
"New" goodwill arises (3910 monetary units) from 26% (25% --> 51%).
Method changes from "METH1" to "METH2".
Next Q (Q1/2007) goodwill (3750 + 3910) is amortized - 95,75 (over 20 years, per Q).
Step 3.
"New" goodwill arises from 9% (51% --> 60%) and amortized next Q.
"Previous" is amortized.
Reality bites...
Step 1.
Equity-method goodwill arises (3750 monetary units).
Step 2.
"New" goodwill arises (3910 monetary units) from 26% (25% --> 51%).
Method changes from "METH1" to "METH2".
Next Q (Q1/2007) goodwill remains the same - goowdwill is not amortized.
Step 3.
"New" goodwill arises from 9% (51% --> 60%).
Only the newly arised goodwill (9%) is amortized next Q.
"Previous" is still not amortized.
Is it "standard" behavior?
What causes the difference in Steps 2 and 3?
Thanks in advance.Hello Anton,
It's a complicated question that might be answered, IMHO, only by people who experienced the situation. Or by those who make some experiments in the system. Looks like there is nobody who have or did this. Sorry!
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