Guys
We are using custom logic to calculate minority interest (not using PCON,POWN or PMIN). We are capturing the ownership percentage in certain accounts thru the web forms and using this info in rules to calculate minority interest. This calculation executes at entity currency, at base level entity and translates into USD as part of standard HFM translation.
We are running into issues where minority interest entity belongs to foreign entity (not same as reporting currency entity)
It works fine for P&L but does not work correctly for balance sheet as we have two different rates for these.
Is there any better way to handle this ?
Your feedback is greatly appreciated.