2024 Feb 07 3:17 PM - edited 2024 Feb 07 3:18 PM
What's the differences between reclassification method S2100 and S2101 for investment elimination in group reporting public cloud 2402?
Request clarification before answering.
Hi,
S2100 – Reclass for Financial Data into Investment (S_Invested)
This method is used when we are concerned with how changes in the equity or movement in financial data of a subsidiary affect the value of investment for the parent. In other words, S2100 maps changes in the equity of a subsidiary (due to income, expenses, and other adjustments) to investment variations.
S2101 – Reclass Net income to investing Actvt
This method is used when you are dealing with the effect of a subsidiary's Net Income into Investment activity. It allows the parent company to reclassify a subsidiary's net income into an investment.
BR,
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