User's Manual

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