I'm trying to find how I can set up an entity which is owned by 5 different entities and has an element of external ownership. This entiy and its 5 partial owners all belong to one legal hierarchy of entities but are in different nodes in the hierarchy. Additionally, some of the ownership is equity based (one line equity entry) and some of the ownership is consolidated (with appropriate minority interest reflected on the financial statements. Once set up, I want to be able to run the automated consolidation and elimination entries.
Thank you