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Dec 19, 2022 at 02:43 PM

Invesment in subsidiraries impairment - Activity Based COI

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Hello experts.

We need to automatically eliminate an impairment related to an investment in group companies using Activity Based COI.

We have used the label "S-A-INV-SUBS-IMP -- Inv subs JV,Imp" in the FS item role for attribute for the Investment impairment fs item but the elimination record was not generated by the consolidation engine run (impairment fs item with empty investment activity type).

Then, we tried to assign to this FS item the investment activity type "01" (same as the investment fs item) since our strategy is to upload Dec 21 YTD individual FFSS and then consolidate them. The system did not allowed to enter the investment activity tag for this impairment fs items since it is expected that only investments and equity accounts could be enriched with these details.

impairment-activity-type-error.png

Does it have to be handled with an additional task in the data monitor or should it be treated in an standard way by the task 2101 "Consolidation of investments (act. based)"?

Can anyone provide details of how to automate the inv. sub. impairment elimination in Act Based COI?

Please also find attached an screenshot of the flat file used to upload the impairment fs item (A3519I)

flat-file-upload-impairment.png

Thank you!