SEM-BCS Minority Interest in Income Statement
Hi,
I am using SEM-BCS 4.0. The C/I task calculates Minority Interests in Current period profits.
How can Minority Interest in profit be shown in Income Statement?
Please suggest
Regards,
Hi,
First you have to have an item for minority interest in the income statement.
Then do the following in the customizing workbench:
Consolidation of investments --> Settings --> Appropriation of retained earnings
Select the tab "Net Income" and assign the mentioned item in the section "Minority Interest in Annual Net Income".
Regards
Ignaz
Similar Messages
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Minority Interest in Subsequent Consolidation
Hi Experts
Is there a way to ensure that the P&L account for MI is posted in the COI task for the Subsequent Consolidation activity?, we have scenarios with percentage of ownership < 100% that should generate the minority interest in P&L.
We have the proper configuration in the "Appropriation of Retained Earnings" --> "Net Income" --> "Minority Interest in Net Income" option. See following thread: SEM-BCS Minority Interest in Income Statement
In the consolidation area we have selected the Appropiation of Retained Earnings "in Income Statement". See following thread: Diference beetwen app of ret earnings in BALANCE Vs INCOME STAT
In the execution of the COI task for the subsequent consolidation activity, only the Balance Sheet postings (for the RE and MI) and the statistical Net Income Postings appear in the posting document, the P&L account for MI is missing.
Are we missing something?
Regards
PaulThanks for the reponse, we tested with both options in the consolidation area and neither of them gave us the desired posting in the PL account.
Addtional Information that might me useful:
Accounting Technique: Purchase Method
Acquisition: Direct Share
Investment Data comes from Additional Financial Data
Equity Data comes from Totals Database (hence the RE comes from here)
Regards -
Calculation of minority interest in matrix organization structure
Hello-
We are currently implementing sem-bcs and have a matrix organization structure in place. We use company code and profit center as consolidation units. Company code being the currency carrying unit.
We are facing an issue in minority calculation-
Let us take the following example -
Investee A - books equity in pc A
Holding entity B books investments in pc B
The above information were entered in AFD and was also pulled in BCS as RFD..
The first consolidation happens as per our expectations.
For subsequent consolidation, the retained earnings account (additions movement) could have multiple profit centers. The system calculates minority interest correctly for combination of retained earnings addition @ PC A. However for all other combinations (I.e retained earnings for PC other than A), the system treats the entire amount as minority interest (even though that's not the case)..
Kindly advise.
Thanks!Hi,
Thanks for your reply...
The PC hierarchy is already in place..I maintained Additional Financial Data for the other combinations (of Cons Unit and PC) with 100% share and zero value. The system considered that and calculated minority interest correctly.
I wish to know if the above approach is ok..
Thanks -
How SEM BCS handled balance carried forward?
Hi,
I would like to find out how SEM BCS handled balance carried forward?
Income statement
Profit after Tax - 50
Balance Sheet
Retained profit (last year) - 100
Current Year profit - 50
How do i configurate 'Profit after Tax' = 'Current Year profit' in workbench? Is BCS going to store the computed results?
Balance items (ie 'Retained profit (last year)' and 'Current Year profit') by default are carry forward to next year in BCS.
Do i need to configurate 'Current Year profit' add to 'Retained profit (last year)'?
Pls advise.
Thanks.
Regards, ReneeHi Renee,
By default, the balance sheet items are to be carried forward to next year. If you dont make any settings, both items, Retained profit (last year) and Current Year profit will be transferred to themselves, that is not correct.
You need to show the system which items are to be carried forward not to themselves.
To force the system to make the proper transfer, in UCWB go to Consolidation Functions -> Balance Carryforward -> Items to be Carried Forward.
Enter there the following information:
<b>Orig. Item__________Debit Item_______Credit Item</b>
Current Year profit____RE (last year)_____RE (last year)
Do the similar operation for all items to be carried to other than themselves items, for example dividends of the current and last years etc.
Hope this helps. -
Diference beetwen app of ret earnings in BALANCE Vs INCOME STAT
Hi expert
Wich is the diference beetwen activate check in consolidation area settings
Appropriation of retained earnings
*in Balance Sheet
*in Income Statement
how it work? is there any issue if I select one or if I select other
Thanks in advanceHi
ARE in the Balance Sheet
If the appropriation of retained earnings is reported in the balance sheet, no special logic applies to subsequent consolidation, since the ARE items themselves are part of the reported equity data. In a divestiture or a transfer, the adjustment to group values from the triggering equity items is also posted to the allocated ARE items.
ARE in the Income Statement
If ARE is reported in the income statement, the reclassification of minority interests is posted automatically and simultaneously within the ARE u2013 that is, within the income statement.
The entries for the statistical net income are derived from data reported for the ARE items, not from reported equity capital that affects net income.
If data from distribution of dividends items exists, the statistical net income will differ from the adjusted statistical net income, because the latter does not contain the effect from the distribution of dividends. The Distribution of Dividends activity is not reported explicitly, because the corresponding items are components of ARE in the income statement, and part of the reported equity data.
For more info searh in a SAP Help.
Best regards,
Lilia -
Dividend Reclassification - Minority Interest P&L
Hi
I need clarify on the following.
For example: I have one Holding and one subsidiary company. (90% Held by Holding Co.)
Subsidiary company has declared dividend (expenses a/c in P&L appropriation) of USD 100 out of which 90% goes to Holding company as dividend income.
I do Investment income elimination between holding and subsidiary company based on trading partner.
Now I am left with USD 10 in subsidiary company as balance dividend expenses.
I have configured appropriation of retained earnings in income statement.
Now I want the dividend expense of subsidiary to be moved(reclassified) to Dividend M.I.(P&L a/c).
I tried to post this by using reclassification with posting level 20 and 30. But when i executed the task with the document types of posting level 20 and 30, the system gave message "posting is not necessary".
So I changed the document type from posting level 20 to posting level 10. After this I am able to do the dividend reclassfication which transfers from dividend expenses a/c to Dividend M.I. (P&L a/c).
But the dividend reclassification entry should be part of consolidation process. So I feel this entry should come in posting level 30 or 20.
Can anyone tell me is there any specific setting which will enable this document to post in posting level 30 or 20?
Regards
Srinivasan G
9958945462Dear Collet,
I have implemented distribute dividend in SEM-BCS.
I know to work in two steps:
1st step - one - sided IU Elimination
2nd step - consolidation investments.
Should I work with clearing item for "Clearing - Cons Unit" in tab page "Clearing items" in the 1st step?. I
Where should "clearing item for consolidtion unit" be in my hierarchy items: as assets or as liablities?
Thank you in your help.
Best regards,
anka
Edited by: Anka on Mar 10, 2010 12:51 PM
Edited by: Anka on Mar 10, 2010 12:51 PM
Edited by: Anka on Mar 10, 2010 12:52 PM -
SEM-BCS Short Dump while executing Manual Posting Task
Hi SEM-BCS Colleagues,
I am having a peculiar problem with relation to the settings for Manual Postings. I have three scenarios for which I have defined manual document types and tasks 1) Standardizing Entry (Data Collection) 2) Manual Document in IU for adjustment 3) COI Group level manual postings. I am just creating and not changing any settings for document field properties also. I have configured monthly consolidation frequency and period category and I am posting document type 1 in Local Currency and 2 and 3 in Group Currency since they are after currency translation.
Have any of you faced similar problem and help me please?Hello,
I am also getting short dump during data collection in BCS.
we recently upgraded the system to SP20. Is it anyway related to upgrade.
I also checked the MYSELF as a source system, but not found one.
Could you please let me know how you have solved this issue.
short dump:
Runtime Errors PERFORM_TOO_MANY_PARAMETERS
Exception CX_SY_DYN_CALL_PARAM_NOT_FOUND
Date and Time 04.12.2009 05:21:11
Short text
Too many parameters specified with PERFORM.
What happened?
In a subroutine call, there were more parameters than in the
routine definition.
Error in the ABAP Application Program
The current ABAP program "SAPLRSDRI" had to be terminated because it has
come across a statement that unfortunately cannot be executed.
Error analysis
An exception occurred that is explained in detail below.
The exception, which is assigned to class 'CX_SY_DYN_CALL_PARAM_NOT_FOUND', was
not caught in
procedure "RSDRI_CUBE_WRITE_PACKAGE_RFC" "(FUNCTION)", nor was it propagated by
a RAISING clause.
Since the caller of the procedure could not have anticipated that the
exception would occur, the current program is terminated.
The reason for the exception is:
A PERFORM was used to call the routine "CUBE_WRITE_PACKAGE" of the program
"GPD1S8520HM8UV0U2XBDVPADF03".
This routine contains 7 formal parameters, but the current call
contains 10 actual parameters. -
SEM-BCS Statistical FS Items (Statistical: Balance and Statistical: Flow)
Hi,
SEM-BCS 4.0 and SEM-BCS 6.0 both have 2 types of Statistical FS Item (Financial Statement item); "Statistical: Balance" and "Statistical: Flow".
I note that these are treated differently, e.g. in Balance Carryforward task, Statistical: Balance are carried forward automatically while Statistical: Flow are not.
My question is, what is the difference between these statistical item types?
And what are they (or could they be) used for?Hi,
I'll try to explain you like the following:
Balance is a value that is derived from beginning balance plus movement. Flow is the movement itself.
Trial balance is an example of balance, while movement type is an example of flow.
When you do balance carry forward, system add all the flow type that you define to make a balance, and carry forward the balance only.
Hope it helps.
regards, -
Total Transfer & Organizational Change (SEM-BCS)
Dear colleagues!
Got som challenge with processing a merger under consolidation of
investments in SEM release 4.0.
As I understand, the proper method to apply to mergers is a) a
divestiture of the old consolidation unit and b) postings of account
balances from old unit toward the new unit in the source system,
with subsequent data load.
Issue:
In our case a subsidary of the old parent (merged)"follows" the
merger
towards another consolidation group (old parent divested, subsidary
unchanged with new cons group assignment).
Client expects the merger to be physically carried out in period 6,
with a validity (back in time) starting with period 1, without
processing period 1-5 in the monitor. Client also expects the income
statement balances to be reversed from old cons group assignment and
posted under new cons group for the accum. balance from period 1-6.
Question:
Would anybody know (could give us) a brief description on what to
remember when setting the parameteres in preparation of the
organization change (total transfer)!?
Help is greatly appreciated.
FrankDan,
What C/I activity are we supposed to use if we want transfer a unit vertically up in the hierarchy?
And also, we are still getting an error with Organization Change scenario when we run our COI. Can we please send you a detailed document of the issue we are facing to your email id?
Thanks
Ramesh -
SEM-BCS Enh 5.0 in SEM-BW 605 as per 1171344
any rumors on when a new version ([currently 7|https://service.sap.com/sap/support/notes/1171344]) is coming to the market?
looking at prior versions it should happen any time now.HI Greg,
Are you trying to give us a clue on something about to happen?
I'm very interested in EHP5 and by co-incidence I just checked again today:
1171344 - last updated in July 2010, there is high level info on the two functions to be provided inside EHP5,
There is also a little information here: https://websmp109.sap-ag.de/erp-ehp
However, we are still lacking the low level details.
1120848 - Restricted usage of SEM-BW 7.00 or FINBASIS 7.00 last updated December 2007 confirms that SEM-BW 7 is and FINBASIS 7 are specifically for "Banking Services" and not to be confused with upgrades to SEM-BCS, which will be release 605, EHP5 for BCS.
NB By looking at some other OSS notes, I found this info on what looks like Support Pack (SP) 4 of SEM-BW 605:
https://websmp230.sap-ag.de/sap(bD1lbiZjPTAwMQ==)/bc/bsp/spn/spat/index.htm?sp1=SAPK-60504INSEMBW
There are 15 OSS notes in there for BCS specifically, so this suggests that some people are on release 605.
Thereafter a little fiddling with the address bar led me to the equivalent 60504 for FINBASIS, but there were no notes for BCS.
I worked backwards to here:
https://websmp230.sap-ag.de/sap(bD1lbiZjPTAwMQ==)/bc/bsp/spn/spat/index.htm?sp1=SAPK-60503INFINBASIS
There are two BCS notes here (drill down to FIN-FB-WB)
So, this suggests that EHP5 is already live at various ramp up sites, and SPs are being created to address issues
When will it be on general release is still my question
- have you got some insider knowledge to share? -
Preparation for Consolidation in SEM-BCS.
Hello All,
Im implementing SEM - BCS (BW-based). I have the following versions:
- R/3: SAP ECC 6.0
- BW: 7.0
- SEM: 6.0
What do I have to customize in R/3 in order to extract the correct data to BW?
Do I have to do all the customization in transaction SPRO (Enterprise Controlling -> Integration: Preparation for Consolidation)?
I know that I have to create the companies and assign them to the company codes. I also have to create group chart of accounts and assign it to the transactional chart of accounts.
Can I do this in the account master data or do I have to have a Financial Statement Version for the Group?
Is it necessary to maintain Transaction Types for Consolidation?
Do I have to customize the Consolidation Staging Ledger and extract the data from here to BW?
I think I have to customize all this, but because all this transactions are in EC-CS customizing and I want to implement SEM - BCS (in BW), Im not sure if this is the right path.
Can anyone help me?
Regards,
HelenaHelena Coelho wrote:Helena Coelho wrote:Helena Coelho wrote:Helena Coelho wrote:
GANSHA,
what you are telling me is:
- I don´t have to do the customization in ECC. The only thing I have to do is, identify the tables and extract the data I need to BW.
But this way, how does the system know, which postings are from group companies or not?
The company code in R/3 is equivalent to company (consolidation unit role) in BCS. The Group companies are created in BCS and the companies in BCS are under those group companies.
If I were you, I would check whether Fiscal Year Variant is same across all company codes in R/3. I would also check whether parallel currencies are activated or not. Non-activation of parallel currency is not issue, but I will try to understand what are all the currencies involved and the currency translation flow.
I have created the companies in ECC in order to fill the "Trading Partner" field in the master data ( vendor, customer and G/L accounts) and to use on FI postings.
Yes, you have taken the right steps.
I have created the transaction types in ECC in order to use them on FI postings.
None of this is necessary? I dont have all the company codes in SAP, some of the data will be uploaded to BW by file.
The transaction types in ECC are different from the transaction types (also known as Movement Types) in BCS. You will continue to maintain the FI transaction types.
Regarding the chart of accounts, I dont have a group chart of accounts. For what I understand theres two ways:
- creating a group chart of accounts in ECC and in BW will be available as part of the GL account master data
or
- creating Financial statement items for consolidation in ECC, Build a Financial Statement Version for the Group (linking the operational chart of accounts to the consolidation items).
I think, this is the only way for me to use the consolidation staging ledger (totals table GLT3)? Or am I wrong?
What you are telling me is that I dont have to do this in ECC, but in BCS customizing?
Im confused ... please help me!!!
Helena
In your ECC, whether GLT3 table is activated? In many clients' companies, GLT3 table is not activated. The GL totals data is available in BSEG table.
If you do not have Group COA/ Group GL accounts maintained now, there are many ways to get GL totals data with Group GL level info added. You have already mentioned the steps.
One more method is create a custom mapping table of Operational GL accounts with Group GL accounts outside R/3 (to be maintained as part of BW) and make your R/3 GL totals data to flow thru this table, so that the final data in BW is available in both operational GL accounts and Group GL accounts. Developers will be able to help you.
Edited by: GANSHA on Jan 11, 2008 8:39 AM -
Consolidated Balance Sheet & Income Statement extractors?
Hi,
I'm trying to extract Consolidated Balance Sheet & Consolidated Income Statement from R/3 (4.7) into BW (3.0).
I see following standard datasources available. Could someone clarify me if am using the correct datasources for the above needs.
3EC_CS_1
3EC_CS_1A
Greatly appreciate any help.
Hari Immadi
http://immadi.com
SEM BW AnalystHi Khaga,
Adding to Vishal's reply, before we can connect an Oracle data source, the system administrator must have installed the version of the .NET Data Provider for Oracle that supports retrieving data from the Oracle database. This data provider must be installed
on the same computer as Report Builder and also on the report server. To retrieve data from an Oracle database, we can use Oracle or OLE DB data source type. For more details about the connection string, please see the following document:
http://msdn.microsoft.com/en-IN/library/dd220591.aspx
Besides, we can refer to the following SSRS tutorial about create a basic report in Reporting Service:
http://msdn.microsoft.com/en-IN/library/ms167305.aspx
Hope this helps.
Thanks,
Katherine Xiong
Katherine Xiong
TechNet Community Support -
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
KRHi,
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 -
Difference SEM-BCS and BO PLanning & Consolidation
Hi all,
as announced in the subject. I was wondering what the difference between SEM-BCS and BO Planning & Consolidation is(so referring to the consolidation part)?
Is BO Planning & Consolidation = BO Planning + SEM BCS
Looking forward to your ideas!
Best regards
HagenHi Collet,
Sorry I have no time to make a full-fledged comparison SEM-BCS and SAP BPC as you asked.
Regarding your last link: very interesting information. Thank you very much.
The citation from the article:
Known Limitations
In SAP BusinessObjects Planning and Consolidation (BPC), organizations (i.e. entities and groups/consolidation scopes) car vary according to Category and Time. However, all the other dimensions are static, which means they have neither category nor time dependency. As a result, the model presented here will use static Profit Center and Intercompany Profit Center dimensions.
Eliminations (so called Automatic Adjustments in BPC) are primarily driven by Legal Entity and Intercompany dimensions. As a result, when it comes to Matrix Consolidation, each elimination will still occur based on this fact. So, basically, an elimination is triggered if both an Entity and the Intercompany entity are being consolidated under the same node (i.e. Group or Consolidation scope). In other words, BPC does not evaluate as such the Profit Center and Intercompany Profit Center dimensions when it comes to performing eliminations. Amounts will be eliminated based on the Legal Entity view. However, it is possible to analyze and group eliminations by Profit Center later on. As a result, Matrix consolidation will heavily leverage the reporting/filtering capabilities of the product.
I'm afraid that in SEM-BCS' sense the Matrix consolidation has much more deep meaning than that presented here. -
Help needed on income statement query....
Hello BW gurus,
I need to make an income-statement query which gives the following output.
The 5 Variables are
Company Code
Plant
Fiscal Period (12 months) in column
Value Type
Version
#ACCOUNT 0METYPE METYPE-DESCRIPTION COMPANYCODE PLANT SALES0RG
Sales
Cost of Sales
Gross Margin
(Sales minus Cost Of Sales)
General &Admin
Other
Operating Income
(Gross margin minus G&A minus Other)
Interest Income
Interest Expense
Net Income before Tax
(Operating Income minus Interest Income - Interest expense)
Taxes
Net income
(Net Income before Tax minus Taxes)
Note: Sales,cost of sales,general and admin,other,interesat income,interest expense,taxes are under the hierarchy of ACCOUNT.
Please make a quick response.
100% points will be awarded.
Thanks in advance.
Sam MathewPlease read these:
When your query takes too long
When your query takes too long ...
How to Post a SQL statement tuning request
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