I am trying to calculate the Minority Interest(NCI) in the following scenario
A own C 75%
B own C 25%
When creating the Elimination business rules, we are able to eliminate the Equity and Investment by 100% so no issues there. But when we are doing the rules for NCI and Goodwill
Now, for NCI, the idea is to take the Equity account (IN TOTAL) and not just from the Entity. So for example in this example below where i have the expected results,
But when I am running the consolidation, instead of 275 (which is 25% of Total PIC), the systems gives me 25% of 800 which is just the PIC from Investor A. How can I tell system to get the Total PIC for investee for MI.
Or if someone can suggest that the data I am using is wrong and it's not supposed to be by Entity and InterCo? Please help ....