What is Equity Pickup?
MaxQ’s Equity Pickup records the profit/loss of subsidiaries to parents,
supports partial and split company, supports multi-level ownership structures
Features for Maximum Performance
Equity Pickup
Processing
Equity Pickup
Equity Pickup can post to multiple ledgers.
The equity pickup process can be run multiple times for the same financial period. The process will automatically reverse out the prior entries for the fiscal period if it exists. A reporting ledger can be used during the close cycle with a final run performed when the numbers are finalized.
Processing
Schedule Equity Pickup or run on-demand
The top level of the tree is automatically determined by from the Companies setup screen.
