The group
who consolidates into whom, as it stands today| Company | Name | Consolidates into | Basis | Holding % | Acquired | Investment | Equity at acquisition |
|---|
Consolidated statementsIntercompany reconciliation
Record a member
The investment and the equity it bought are typed once and never recomputed: goodwill is measured at the acquisition date, and a figure re-derived from today's ledger would move every time the subsidiary made a profit. Leave the parent blank for the company at the top.
A customer or supplier that is really us
Until a party is marked as one of the group's own companies, a balance between two members looks exactly like a trade balance and nothing is eliminated — the group reports itself as owed money by itself. Leave the company blank to clear the link.