The application VUB (compensation temporary difference from first consolidation) gives you an overview about the net difference amounts results from the applications KK, EK, NE and FF. The view can be sorted both by holding company/ subsidiary and by their business units. The field "from period" displays the difference amounts for several periods. Each voucher displays: The original difference amount, the clearing type of this difference amount and, where required, a remaining amount, not yet distributed, which leads to a yellow displayed status of the corresponding consolidation function in the KTGES.
If the following actions use accounts with consolidation parameters, the application considers the parameter "KK" for full and quota consolidations, the parameter "EK" for equity companies and the "NE"-parameter for the first consolidation capital non cash. The postings are allocated to specific record numbers. If you enter further posting lines in the application KONBUCH, you should allocate them -depending on the corresponding topic - to the respective record number.
To start the application please mark the line, then right click or menu bar. You can choose the following compensations:
This action capitalises a difference amount as goodwill. The accounts "Goodwill from Capital Consolidation" and "Difference Amount" are posted from the consolidation parameter. IDLKONSIS presents a fixed asset object according to the naming convention, but you can use any arbitrary definition as well. In case it does not exist it is automatically generated. The default posting key depends on the posting keys in the shareholding transactions: A posting key with usage tag B04 (setting for begin of period) will propose the reference posting key of the fixed assets. If required the posting key can be changed. You also have to specify the depreciation type and the depreciation period. If you use the depreciation type = F, you have to specify a depreciation amount as well. The date of acquisition corresponds with the posting date of the investment in the shareholdings. If you want to display an existing issue you may enter an amount into the field "cum depreciation", which is then directly posted to the account "carry-forward" from the consolidation parameter thus correspondingly decreasing the amount for the active depreciation. The action "capitalise goodwill" automatically calculates and posts the active depreciation. The postings are generated with the record number 02. From the application "capitalise goodwill" you can access the consolidation postings (KONBUCH) and the fixed asset objects (ANLOBJ).
If the difference amount should also posted in local currency, you have to enter additionally the local currency, company code, business unit and the currency code. Compared to the action "Capitalise goodwill" this function does not provide any entries for a regular depreciation as this is not allowed according to IFRS. Similar to the action "capitalise goodwill" the postings are generated with the record number 02. Also the generation of the fixed asset object and the allocation of the posting keys is equivalent.
More information to the subject "Goodwill in local currency", especially to the special posting system and to the posting of currency effects are provided in the chapter Goodwill in local currency in the GUIDE capital consolidation.
This action can clear a possible remaining deferred difference amount. It is posted to the account "dif. amount of liabilities". You have to enter the amount and, in case it is an account allocated to an individual development transaction, you need to enter a posting key. If you enter an amount in field "acc.diss.", the system creates a posting against the carry forward account code. The postings are generated with the record number 03.
If a difference amount is cleared with this function it is posted to the account "assets diff. KK or EK". This function can e.g. be applied, if in the first step you want to "collect" the difference amounts of several companies before clearing them accumulated on a higher level. The postings are generated with the record number 04.
With this function you can clear a difference amount with the revenue reserves. It is posted on the account "retained earnings clearing" from the consolidation parameter. The postings are generated with the record number 05.
With this application you can post a difference amount to an arbitrary fixed asset account of the chart of group accounts. The application IDLKONSIS presents and, where required, generates a fixed asset object according to the naming convention. In addition you have to fill in the respective depreciation parameters. The depreciation is then calculated and posted automatically on the same voucher. The posting date corresponds with the date of addition of the shareholding in the application GESGES. This action can be performed several times for different fixed asset accounts. In this case each time a new double entry is generated. The postings are generated with the record number 06.
Hidden burdens can be cleared to an arbitrary account. You can choose out of provision, fixed asset, and IC-stock accounts. If you chose a fixed asset account you have to manually generate the respective fixed asset object. The postings are generated with the record number 07.
If the present issue does not suit any of the above mentioned clearing types, the difference amount can be cleared with this function. Here all accounts of the chart of accounts, including P/L accounts, are admitted. The postings are generated with the record number 08.
Clearing of the capitalised goodwill against reserves
If you don't want to clear the goodwill as usual via the P/L, but proportionally against the reserves, you can enter a balance account in the field 'depreciation account' in the fixed asset object. Since this case is executed only as an exception, IDLKONSIS displays a warning. In this case the depreciation type must only be 'K' (no depreciation) or 'F' (fixed depreciation). You can enter the depreciation account at clearing the difference amount. Then the application allocates the generated posting to the posting key disposal at acquisition instead of depreciation actual period. If the account is a capital or a provision account the contra entry is allocated to a posting key for decrease or consumption.