Accounting › Consolidation
Group Members
How much of each member the group owns, and by which method. Above 50% you consolidate line by line; between 20 and 50 you take your share of the result and nothing else.
Where to find it
- Module: Accounting
- Group: Group
- Section: Consolidation
- Screen: Group Members
Address in the console: /accounting/consolidation-units
List · 9 columns · 14 fields on its form · 4 of them required
What the list shows
These are the columns of the list, in the order they are drawn. Any of them can be sorted on, filtered on, hidden, or exported.
| Column | Kind | Field name |
|---|---|---|
| Group | Code | group_code |
| Company | Code | company_code |
| Name | Text | company_name |
| Method | Status | method |
| Owned % | Number | ownership_pct |
| Minority % | Number | minority_pct |
| Currency | Code | local_currency |
| Goodwill | Amount | goodwill |
| Active | Yes or no | is_active |
The form
What is asked for when a record is created here. Required fields are marked; a choice drawn from a configuration list is one an administrator can extend without a release.
| Field | Type | Choices | Notes |
|---|---|---|---|
| Group required | Choice | Looked up from existing records | |
| Company required | Choice | Looked up from existing records | |
| Method required | Choice | Configuration list | Not a preference: getting this wrong changes revenue by the whole of a subsidiary. |
| Ownership % required | Number | ||
| Voting % | Number | Voting rights can differ from economic ownership, and it is voting rights that decide control. | |
| Local currency | Choice | Looked up from existing records | |
| Acquired on | Date | ||
| Acquisition cost | Number | ||
| Net assets acquired at fair value | Number | Goodwill is the difference and is computed rather than typed. | |
| Disposed on | Date | ||
| First period | Text | ||
| Last period | Text | ||
| Active | Yes or no | ||
| Notes | Long text |
The rules that apply here
Everything on this screen obeys the platform rules rather than rules of its own. The ones worth knowing before you use it:
- Narrowing a list — search, conditions, sort, totals, export and saved views.
- What may be changed — the five grounds a record may not be edited on.
- Companies and business units — what the switcher above this list is doing to it.
- Creating a record — required fields, where choices come from, and how the number is allocated.
- Importing a spreadsheet — this screen accepts one, and it runs through the same rules as typing.