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In discussions with our clients, we have identified several automatic adjustments that your system should handle:


  1. Automatic Cancellation of Shareholdings: Adjust for shareholdings in subsidiaries, accounting for events such as payments, subscriptions, acquisitions from third parties, and acquisitions from consolidated companies.
  2. Goodwill Allocation and Depreciation: Automatically adjust the allocation of goodwill (the difference between the purchase price of a subsidiary and its net assets) and apply corresponding depreciation adjustments.
  3. Capital Gain/Loss Adjustments: Automatically calculate and adjust for capital gains or losses arising from intercompany sales of fixed assets.
  4. Intercompany Dividend Distribution: Adjust for the distribution of dividends between intercompany entities.
  5. Equity Aggregation for Elimination: Implement automatic procedures to aggregate equity items for elimination purposes.
  6. Third-Party Equity Determination: Automatically generate entries to determine third-party equity.
  7. Third-Party Profit and Loss: Automatically generate entries to determine third-party profit and loss.
  8. Intercompany Adjustments: Perform automatic adjustments for intercompany transactions.


Clients have expressed interest in user-friendly interfaces that allow them to input data, which would then enable the system to compute and implement these automatic adjustments seamlessly.

Category: Consolidations
STATUS DETAILS
New