Following is the scenario:
1. Legal Consolidation of Entities in BPC (YTD application - as source data is YTD)
2. Financial year is Apr2011 to Mar 2012
3. In May 2011 two entities are sold off
4. First Consolidation in BPC is Jan 2012. Before that consolidation is being carried out is excel/
Now since the entities are sold off in May, the income statement in Jan2012 should consider the values of the leaving entities using transactions till May 2011 and should ignore all transactions after that. Also, all balance sheet accounts should be reversed. This is because the application is a YTD application. So we have to maintain the sold off entities in the entity dimension. But should we add them in the DHE in JAn2012? How do we handle this scenario? Should we mark the entities as Leaving in May 2011 in the DHE and carry out consolidation for all the months from Apr 2011?
Request someone to help us with this scenario on How does BPC handle leaving entities (during the year) w.r.t to legal consolidation.