We are trying to determined the best way to setup entity hierarchy and ownership structure. We have a parent holding company that is the ultimate parent of all its subsidiaries. However, we would like the system to calculate minority interest on the sub-parents. We have child members that also own other entities but they don't want this ownership to impact the main consolidation. Should this be handled through alternative hierarchies? And how would you recommend setting the ownership structure?
See example below. I appreciate the guidance on this matter.
Main Consolidation (all children consolidated at 100%)
Main Parent
Child 1
Child 2
Child 3
Child 4
Child 5
...
Child 10
Sub-consolidations
Child 2
Child 3 (85% ownership)
Child 4 (51% ownership)
Thanks,
Al