Percent Type
Ownership journals enable you to select a percent type. The percent type determines the percentage to use when calculating the amount to post.
Percent type | Description |
---|---|
Effective Ownership (EFO) | Uses a percent generated by the ownership calculation engine. The amount is displayed on the ownership properties page. |
Effective Control (ECT) | Uses a percent generated by the ownership calculation engine. The amount is displayed on the ownership properties page. |
Effective Control Minority (ECM) | Calculated by the consolidation engine when
the journal is posted. This is the calculation formula: ECM = 100-ECT |
Effective Minority (EFM) | Determined by calculating the difference between the consolidation percent and the effective ownership percent. |
Consolidation (CON) | Uses a percent generated by the ownership calculation engine. The amount is displayed on the ownership properties page. |
You can also select Value (NUM) and then specify the desired percentage in the Percent Amount column. For details on how journals are consolidated, see the Consolidation Scope topic in the Infor CPM Consolidation User Guide.