What is group share in SAP FI-LC - Consolidation?

SAP Term: group share

• Component: FI-LC

• Component Name: Consolidation

• Description: The sum of the weighted investment shares of all immediate parent companies in a specifc investee company, from the subgroup perspective. The investment shares are weighted, starting with the group share of the respective immediate parent company. &EXAMPLE& If company A has an 80% investment in company B, which in turn has a 75% investment in company C, then the group share in company C is 60%. In the EU, minority interest is included when calculating the group share, whereas it is not, in US GAAP.

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• Key Concepts: 
  Group share is a feature of the FI-LC Consolidation component of SAP. It allows companies to consolidate their financial statements across multiple legal entities, such as subsidiaries, into one set of consolidated financial statements. Group share is used to calculate the ownership percentage of each legal entity in the consolidated financial statements. 
  
  How to use it: 
  Group share can be used to calculate the ownership percentage of each legal entity in the consolidated financial statements. This is done by entering the total number of shares held by each legal entity in the group share field. The ownership percentage is then calculated based on the total number of shares held by all legal entities in the group. 
  
  Tips & Tricks: 
  When using group share, it is important to ensure that all legal entities in the group have entered their total number of shares accurately. This will ensure that the ownership percentages are calculated correctly and that the consolidated financial statements are accurate. 
  
  Related Information: 
  Group share is just one feature of SAP's FI-LC Consolidation component. Other features include currency translation, intercompany eliminations, and consolidation adjustments. For more information on these features, please refer to SAP's official documentation.