Forum - Consolidation

Consolidation

Dave Briggs

2015-05-08

Hi there,

We are on Version 6.3 2012-04-24.

We have Multi-Level consolidation.
So we have a Master Company. We also have Daughter companies that have Grand-Daughter companies.
The Daughter Companies have transactions in their own right aswell as consolidating the Grand-daughter companies.

When we consolidate at Master Company level, we want to include all Grand-Daughter companies plus the daughter companies so that we include the transactions entered directly on the daughter company - so we setup all Daughter and Grand-Daughter companies in the daughter setting of the Master Company.

However, the Consolidated Trial Balance appears to double up the balances of transactions from the grand-daughter companies - presumably this is because we are consolidating the grand-daughter and daughter companies (which are in turn consolidating the grand-daughter companies). Is my presumption correct, is it doubling up the grand-daughter companies?
If so, our options as I see it are:

1. Buy additional companies to record the transactions of the daughter companies and then consolidate these new companies and the grand-daughter companies at master company level but that's additional expense for the customer.
2. Just consolidate the daughter companies but then we lose the drilldown to the Grand-daughter companies.

How should we set this up so the Master company can consolidate all Grand-daughter companies aswell as the transaction entered directly into the daughter companies.

We look forward to your reply

Kind regards

Dave

HansaWorld

2015-05-14

Hello Dave,

This most likely is a bug.
We have already reported this issue to our Quality Assurance Department.

HansaWorld Support Team

Dave Briggs

2015-05-14

Created byHansaWorld14:22 14 May 2015

Hello Dave, This most likely is a bug. We have already reported this issue to our Quality Assurance Department. HansaWorld Support Team

Hi HW Support Team,

Sorry, could you be a little more specific please - what do you believe to be the bug exactly?
Perhaps you could also copy and paste what you've reported to your QA team with any response please?

Thanks

Best Wishes

Dave

HansaWorld

2015-05-14

Hello Dave,

The bug report is technical and we don't share it.
The bug is: duplicated values for grand-daughter companies. When it's fixed, we'll let you know.

HansaWorld Support Team

Dave Briggs

2015-05-20

Created byHansaWorld15:39 14 May 2015

Hello Dave, The bug report is technical and we don't share it. The bug is: duplicated values for grand-daughter companies. When it's fixed, we'll let you know. HansaWorld Support Team

Hi Support,

Are you sure this is a bug - will your technical guys confirm that it's a bug to you? If so, is there a timeframe for when they will look at the query and can you let us know they confirm it to be a bug or not.

It's just i'm not convinced it's a bug - I believe that the master company should consolidate the daughter companies so it doesn't duplicate the grand-daughter transactions that consolidate to the daughter companies. Either that, or we should consolidate all grand-daughter companies and setup different companies for the daughter company transactions the same as the grand-daughter companies and then consolidate these in the master company.

I look forward to your reply.

Best Wishes

Dave

HansaWorld

2015-06-01

Hello Dave,

It has been confirmed by the Development Department to be a bug.
We will inform you when it's fixed.

HansaWorld Support Team

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