Regarding Consolidation Procedures

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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jakkasumankumar
Posts: 8
Joined: Sat Oct 13, 2007 9:36 am
Location: India

Regarding Consolidation Procedures

Post by jakkasumankumar »

can u guide me how to treat with Minority Interest during the Consolodiation
dileepkumar
Posts: 58
Joined: Mon Jun 02, 2008 7:24 am
Location: India

Post by dileepkumar »

several steps are there to define consolidation it is big toppic to explain
ahsan.global
Posts: 63
Joined: Mon Apr 16, 2007 8:02 am
Location: Pakistan

Post by ahsan.global »

Hi,

Minority interest is the portion of capital that belongs to persons outside your organization.

You just have to mark stock holder account with % of the same to be reported on your financial statements.

This process can easily be done through FSG.

2nd option is the Oracle financial consolidation hub.

regards

Ahsan
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