At ABC Corporation, you’ve published the 12/2022 results in the U00 standard version. However, you need to make an adjustment for an accounting change and you don't want any changes to the submitted results. You can decide to record the adjustment in the X00 extension version and leave the U00 standard version untouched.
The accounting change calls for an adjustment to the goodwill and investment item for consolidation unit CA00. The starting point for our restatement scenario is displayed in the following image. These are the existing (published) values for the standard version:
In the manual group journal, the header is created as follows:
- Document Type 16 is used because we're adjusting the consolidated results in group currency.
- The Extension Version is X00.
In line item 1, the Goodwill Elimination FS item is debited by 500 for extension version X00. The Amount in Local Crcy and Amount in Group Crcy both pertain to the U00 standard version.
In line item 2, the Investments FS item is credited by 500 for extension version X00. The Amount in Local Crcy and Amount in Group Crcy are both zero by design.
In the summary, you can see that only group currency for extension version X00 is adjusted. The Amount in Group Currency (for the standard version) is zero.
In the report result, the extension version inherits the standard version values but also includes the delta adjustment of 500.