Account for associates and joint ventures

1Know when the equity method applies

In July 2026, Your Group buys 30% of Company G for 300,000. It has significant influence over Company G — a seat on the board, a say in its policies — but not control. Company G is an associate. A company the group controls jointly with others, under an agreement, is a joint venture; BrizoConsol treats the two the same way.

Whether the group has control, joint control or significant influence is your judgement, from the shareholding and the agreements. A holding of 20% to 50% usually means significant influence, but the percentage alone doesn’t decide it, and BrizoConsol doesn’t decide it from the percentage either.

2Record the stake

1. Open Ownership & Equity → Ownership, and click Company G in Group structure.
2. Beside Share purchases and sales, click + Record, then Bought shares.
3. Choose Your Group, Jul-2026 and 30, and choose JV / Associate.
4. Enter the Investment cost (group currency), 300,000, and click Add Record.
5. Under Totals and accounts for this company, choose Investment in Company G (in Your Group’s books): the account Your Group recorded the purchase in. Click Save.

The dialog says that JV / Associate records use the investment and disposal amounts for equity-method tracking, so no fair value of net assets is needed. Under Totals and accounts for this company, Company G is Not consolidated: its cost posts by the equity method to the Associate/JV - investment account, reclassified out of Your Group’s own investment in it, so there is no investment in subsidiary and no goodwill account to choose.

In Group structure, Company G’s badge reads Associate/JV.

3Know what posts each month

From July, BrizoConsol posts these to the group. Company G’s own revenue, costs, assets and liabilities never enter the group statements.

The dividend is read from Company G’s books, not the parent’s, because the parent’s dividend income can hold dividends from more than one company. The entry takes it back out of that income: under the equity method a dividend is the group taking cash out of the investment, not income.

4Read the JV / Associate Report

1. Open Ownership & Equity → JV / Associate Report.
2. Choose Actual, YTD and Sep-2026, and click Company G’s row in Investment movement by associate / JV.

The card’s heading shows Associate · held by Your Group (30%), group 30% and SGD. How the investment got from the opening to the closing carrying amount lists what was Bought, the Share of profit, the Dividends received and the Share of OCI.

Share of profit by Company G’s P&L line breaks the share down by P&L line and Source period: each of Company G’s profit and loss accounts, its amount, the Share and the Share of profit. The breakdown is there so you can see where the share came from; the posting itself is one line each month. Total share of profit is 36,000.

Choose MTD to see a single month. Export the report with the PDF or Excel icon for the audit file.

5Find the entries

1. Open Ownership & Equity → JV / Associate for Sep-2026. Under Auto JV Journals, click a row to see its lines.

Every row’s Diff should be 0.00. Reconciling them is covered in Reconcile the NCI and associate entries.

6Check the investment

1. Open Reports → Balance Sheet and Reports → Profit & Loss for Sep-2026, and drill into 1700, 4130 and 3700.

Where these lines go on each standard’s statements is covered in that standard’s series, for example IFRS or SFRS.

7If something goes wrong