Ownership and NCI · Track 5 · Tutorial 3 of 3
Roll the NCI forward into a new year
At a year end, the NCI’s share of profit stops being this year’s and becomes part of what the NCI owns. BrizoConsol carries it into the new year by itself: there is no closing entry to post and no ownership to re-enter. What you do is check, once, that the new year opens with the equity split correctly between the owners and the NCI.
1Know what changes at the year end
| In the profit and loss | The NCI’s share of profit is a year-to-date figure. In January it starts again from zero, with January’s share. |
|---|---|
| In equity | NCI - Share of Profit keeps growing. Its balance at the end of 2026 is what the NCI has earned to date, and 2027’s share is added to it month by month. |
| In retained earnings | A subsidiary’s whole profit closes into its retained earnings. The NCI’s share of it isn’t the owners’, so the group’s retained earnings carry only the owners’ share. |
2Know what BrizoConsol posts
| Journal ID begins | When | What it does |
|---|---|---|
| NCI-AUTO-FYE | For each financial year | Auto NCI posting fiscal year-end 2026 (Company B): the NCI’s share of Company B’s net assets and other reserves. |
| NCI-AUTO-ROLL | The first month of the new year | Auto NCI earnings rollover 2027 (Company B): takes the NCI’s share of Company B’s 2026 profit out of the group’s retained earnings. |
| NCI-AUTO-PNL | Every month, as always | The NCI’s share of the month’s profit, from January’s onward. |
The rollover is a reporting adjustment to retained earnings, so it isn’t listed on the NCI reconcile page with the other auto journals. You see its effect in the checks below.
3Know what carries forward by itself
Ownership records apply from their month onward, so the percentages, the measurement, the goodwill and the accounts all carry into 2027 without anything entered. Add a record only if the ownership changes. A change dated in January applies from January, and the share of profit for 2027 is split between the old and new NCI % at that month.
If you change something in 2026 after the year end — a late adjustment to Company B, a corrected rate — the NCI for 2026 is posted again, and the 2027 rollover follows from it.
4Check the profit is split correctly
- Open Reports → Profit & Loss for Jan-2027, year to date, and Reports → Balance Sheet for Jan-2027.
Check 1: profit for the owners
Current Year Earnings on the balance sheet equals Profit Attributable To Owners for the year to date on the profit and loss. If they differ, part of the NCI’s share is in the owners’ equity, or the other way round.
Check 2: the NCI’s profit
NCI - Share of Profit on the balance sheet, less its balance at Dec-2026, equals Total NCI Allocation for January on the profit and loss. Run the same check at any later month: the movement since December equals the year to date.
5Check the balance sheet and the elimination
Check 3: the balance sheet balances
On the Jan-2027 balance sheet, total assets less liabilities equals total equity, including the NCI.
Check 4: the subsidiaries’ share capital is eliminated
With Show Entities on, Company B’s and Company F’s share capital are eliminated: group share capital is only Your Group’s own.
The four checks together prove that the year opened with the owners’ equity and the NCI each holding what is theirs. Keep the four figures with the year-end file.
6Read the new year on the NCI Report
- Open Ownership & Equity → NCI Report for Company B, YTD, Jan-2027.
The NCI Share of Profit rows are January’s only: the year to date has started again. The NCI Net Assets rows include Company B’s retained earnings, which now hold its 2026 profit, so the NCI’s share of last year’s profit is part of its net assets from here on.
7If a check fails
| What you see | What to do |
|---|---|
| Check 1 is out by the NCI’s share of last year’s profit | The 2027 rollover hasn’t posted. Check January’s figures are loaded for Company B and it has no amber dot on the Ownership page. |
| Check 2 is out | An NCI journal was posted by hand in the year. Find it on the NCI reconcile page under Manual NCI Journals. |
| Check 3 is out | Look for a red Diff on the NCI reconcile page for January and December. |
| Check 4 is out | A subsidiary’s share capital account isn’t mapped to a group equity account, or its acquisition hasn’t posted. Check its mapping and its ownership history. |
| Missing exchange rate… Add closing and average rates before posting NCI. | Add the rates for the month named in the message in Settings → Global Settings → Exchange Rates. |
Want more detail? See the documentation