Oracle Financial Consolidation Hub User Manual page 117

Mexico has the following balances in Mexican Peso. Assume the conversion rate fro
Mexican Peso to US dollars is 0.09.
Organization Line Item
15.100 4000 - Revenue
15.100 1100 - Cash
First, Mexico is consolidated to North Americas Group. Its balances are converted to US
dollars.
Organization Line Item
15.100 4000 - Revenue
15.100 1100 - Cash
The minority interest consolidation rule produces the following entry in US dollars.
Organization Line Item
15.100 3650 – Minority Interest B/S
15.100 5450 – Minority Interest P/L
Debits
10000
Debits
900
Debits
270
Setting Up Consolidation Hierarchies 13-11
Credits
10000
Credits
900
Credits
270