IFRS group consolidation

Note: For step-by-step configuration procedures, see the JP Consolidation Framework documentation — Group consolidation.

Auto journal rules — IFRS specific

Journal	Standard	Configuration	Status
Investment elimination	IFRS 3 / IFRS 10	Acquisition method — fair value of net assets; goodwill as balancing entry.	Covered
Goodwill impairment	IAS 36	Annual impairment test — no scheduled amortization; manual trigger when impairment is identified.	Confirm with Paul
Bargain purchase (negative goodwill)	IFRS 3.34	Negative difference recognized immediately in P&L — not carried as liability or equity.	Confirm with Paul
NCI	IFRS 10 / IFRS 3	Full or partial goodwill method; NCI% × equity → NCI equity; NCI share of OCI also allocated.	Covered — method to confirm with Paul
FCTR (OCI)	IAS 21.39(c)	Translation difference to OCI / FCTR in equity; reclassify to P&L on disposal (IAS 21.48).	Covered
Deferred tax on PPA	IAS 12	PPA × tax rate → deferred tax asset/liability; no goodwill exception unlike HGB.	Confirm with Paul

Enable rule
Add Interco Elimination rule
Add Input metrics to Interco Elimination
- Entity Input
- Interco
- Entity Calculated Input
- Entity Equity Adjustment
Add Group Elimination rule
Add Input metrics to Group Elimination rule
- COI Local Currency
- COI Group Currency
- GC PPA
- GC Tax Impact
- Entity Calculated Input
- Interco
- LC PPA
- LC Tax Impact
- Group Journals
- Journal Balance LC
- Transaction Rate Difference
- Transaction Rate Difference_PPA
- Transaction Rate Difference_Deferred Tax
- Transaction Rate Difference_Goodwill
- GC Goodwill
- LC Goodwill
- Inventory Stock Transfer
- Inventory after Tax Rate
- LC NCI
- GC NCI

Please refer to below sample of Intercompany and Auto Elimination rule: