What this article covers: How to enable and configure Ownerships in BrizoConsol — recording ownership percentages and acquisition dates so that Non-Controlling Interest (NCI) is calculated automatically in your consolidated reports.

The Ownerships feature tells BrizoConsol how much of each subsidiary is owned by the parent — or by another entity in the group. Once ownership percentages and acquisition dates are recorded, BrizoConsol automatically calculates NCI and ensures consolidated results correctly split profits and net assets between controlling and non-controlling interests.

🛈 Note: Ownerships must be enabled before ownership percentages can be recorded. The feature is off by default — see Section 1 to enable it.

1. Enabling Ownerships

1
Go to Global Settings → OwnershipsThe Ownerships page shows the current status of the feature.
2
Switch on the Ownerships toggle and click EnableThis activates automatic NCI calculations across all relevant entities in the group.
⚠️ Before enabling: Enabling Ownerships will immediately affect your consolidated reports once ownership percentages are saved. If you are mid-period, check your consolidated results after setup to confirm NCI calculations are as expected.

2. Recording Ownership Percentages

1
Select the parent organisation and the subsidiary entityChoose the entity that holds the ownership interest (parent) and the entity being owned (subsidiary).
2
Enter the ownership percentageFor example, 80% means the parent owns 80% of the subsidiary — BrizoConsol will calculate the remaining 20% as Non-Controlling Interest automatically.
3
Specify the acquisition dateThe date from which the ownership became effective. This is critical for historical reporting accuracy — results prior to this date will not reflect the ownership.
4
Save the ownership recordNCI and ownership-adjusted consolidation results are recalculated immediately.

3. How Automatic Calculations Work

Once ownership is defined, BrizoConsol handles the calculations automatically — no manual entries are required:

Calculation How BrizoConsol handles it
NCI in equity The non-controlling share of net assets appears automatically in the equity section of the consolidated Balance Sheet
NCI in profit The non-controlling share of the subsidiary's profit appears in the consolidated P&L below the group profit line
Multi-level ownership Supported — for example, Parent owns 80% of Sub, which owns 75% of Sub-sub. BrizoConsol calculates effective ownership through the chain.
Ownership changes Record a new ownership percentage with a new acquisition date — BrizoConsol recalculates from that date forward. Historical periods retain the previous ownership percentage.

4. Managing Ownership Records

Action When to use it
Add new record When a new acquisition occurs or ownership of an existing entity is first recorded
Update percentage When ownership changes — enter the new percentage with the effective date of the change
Review periodically Especially after mergers, acquisitions, partial disposals, or divestments — inaccurate ownership records will produce incorrect NCI figures
💡 Tip: Always verify the acquisition date when entering ownerships — an incorrect date will affect historical reports. If you are setting up Ownerships for the first time on an existing group, use the original acquisition date of each subsidiary, not today's date.