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FAS configuration requirements

The following tables specify FAS-specific settings for each consolidation component. For step-by-step procedures, see the JP Consolidation Framework.

Carry forward

Note: For step-by-step configuration procedures, see the JP Consolidation Framework documentation — Consolidation setup — Carry forward.

Account

FAS-specific rule

Goodwill

Carry forward net book value (cost minus accumulated amortization) — not gross cost.

Muuntoero (CTR reserve)

Carry forward cumulative translation difference from all prior periods.

Retained earnings

Prior period closing retained earnings + prior period net profit.

Equity accounts

Each component carries forward at its own fixed historical rate — not the current period opening rate.

Balance Carry forward configuration

  1. Enable rule by checking the Enable checkbox > Click Save button to save the change

  2. Add AccountOverride rule: In case of special scenario

Account mapping

Note: For step-by-step configuration procedures, see the JP Consolidation Framework documentation — Consolidation setup — Account mapping.

Mapping area

FAS requirement

P&L presentation

Expenses by nature (standard under FAS) — configure expense accounts by materials, personnel, depreciation, other.

Balance sheet

FAS structure: fixed assets, current assets, equity, provisions, liabilities.

Intercompany accounts

Map IC accounts to the Partner Unit dimension for elimination matching.

NCI equity (Vähemmistöosuus)

Map to a dedicated equity section in the group balance sheet.

Auto Mapping Configuration

  1. Enable rule

  2. Add applicable metrics to Movement BS rule

  3. Add Standard and Advanced rules

    Standard rule

    Advanced rules

 

Currency conversion

Note: For step-by-step configuration procedures, see the JP Consolidation Framework documentation — Consolidation setup — Currency conversion.

Account type

RATETYPE setting

FAS rule

P&L accounts

AVG

Period average rate.

Balance sheet accounts

END

Closing rate at period end.

Equity (share capital, reserves, retained earnings)

HISTAVG

Historical rate — rate at date each equity component arose; fixed permanently.

Current period profit

AVG

Same as P&L accounts.

Muuntoero account

CTR

Plug — translation difference within equity.

Currency Conversion Configuration

  1. Enable rules > Select the Advanced Currency Conversion

  2. Add Override rules in needed

Please refer to below sample of Advance Currency Conversion Rules:

FAS Advanced Currency Conversion (Downloadable Excel file)

Ownership structure

Note: For step-by-step configuration procedures, see the JP Consolidation Framework documentation — Consolidation setup — Ownership structure.

Method

FAS condition

Lineos setting

Full consolidation

Control — majority voting rights or board appointment right

Method = Full; NCI% = 100% − Parent%

Equity method

Significant influence — typically 20–50%

Method = Equity

Proportional consolidation

Joint control — jointly managed entity (valid under FAS)

Method = Proportional

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