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Question about consolidated closing of accounts by the equity method

Jan 18, 2017 at 01:29 AM

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Dear everyone

I would like to make consolidated closing of accounts by the equity method.

For example, At the time of consolidated closing,

(Non-Operating income of consolidated accounting) = (Ratio of shareholding) * (Subsidiary net income) in P/L.

Could you tell me if SAP ByD correspond.

If SAP ByD can, how can setting?

Best Regards,

Mu Zhou

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1 Answer

Lee Bown Jan 18, 2017 at 01:21 PM
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Hi,

ByDesign doesn't have the functionality to produce consolidated accounts for complex ownership structures. Normally, extracted BYD data would be uploaded into a separate application, such as SAP BPC, Hyperion or OneStream XF, for this purpose.

Lee

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