minority interest calculation in hfm

4
Minority interest Calculation in HFM Enter some values in Revenue and Expenses Accounts Now Net income before tax and minority interest showing 30000 Now go to Ownership management set the PCON, PCON percentages to calculate the Minority interest percentage. PMIN=PCON-POWN Example: 100-80= 20% PMIN

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Minority Interest Calculation in HFM

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Page 1: Minority Interest Calculation in HFM

Minority interest Calculation in HFM

Enter some values in Revenue and Expenses Accounts

Now Net income before tax and minority interest showing 30000

Now go to Ownership management set the PCON, PCON percentages to calculate the Minority interest percentage.

PMIN=PCON-POWN

Example: 100-80= 20% PMIN

Page 2: Minority Interest Calculation in HFM

Now load the Minority interest Rule

Subs calculate ()

Pmin = 1 - HS.Node.POwn("S#Actual.Y#2012.P#January.E#APAC.India")

Page 3: Minority Interest Calculation in HFM

HS.EXP "A#Minority Interest.C1#NOCC.I#[ICP NONE] = A#NI Before Tax and MI.C1#Cost Center.I#[ICP TOP] * " &pmin

End sub

Run the calculation on the Grid

Here is the result

(30000*20/100=6000)

Page 4: Minority Interest Calculation in HFM

Regards

Devaraj