Hi Experts,
I am confused by the function equity pick-up in BPC 10 Consolidation.
I wonder what is the difference between equity pick-up and consolidation. It seems that equity pick-up function can be done via consolidation monitor (e.g. using equity method). I am guessing if "Consolidation" is applicable only for the initial acquisition of the subsidiary, while "equity pick-up" are for capturing the on-going results from the subsidiary after initial acquisition.
Pls confirm / correct my understanding preferably with an example and really appreciate your help and guidance.
Thanks all.