Enter Acquisition Data
Explanation
Use this activity to enter the date that a subsidiary was acquired by the parent
company. The acquisition date will determine the initial consolidation period for
the balance consolidation and the opening balances.
Prerequisites
Before entering the acquisition data, the following must have been completed:
- The company relationship between the subsidiary and parent company must
be defined.
System Effects
There are no system effects as a result of this activity.
Window
Acquisition Data
Related Window Descriptions
Acquisition Data
Procedure
- Open the Acquisition Data window.
- Create a new record.
- Enter the ID of the subsidiary company for which you are going to enter
acquisition information.
- In the Acquisition Date field, specify the date on which the parent
company acquired the subsidiary. The values for the accounting year and the
accounting period of the specified accounting date will be automatically populated
by the system in the relevant fields.
- If you want to enter any notes regarding the acquisition record, select
the record, right-click and click Notes. Enter your note text in the
Editor window that opens.
- Save the information.