INDEX

01. OVERVIEW

Generation of consolidated accounting balances of the economic conglomerates of the controlling company to be booked, and other companies that make up the group. The controlling companies obliged to present consolidated statements in accordance with corporate law (Statute No. 6404/76 and/or CPC Technical Statement 36 – Consolidated Statements) must fill in this block. 

02. EXAMPLE OF USE

Block K is used in cases of special situations in the controlling company, i.e. in cases of:

• Acquisition of companies. 
• Divestiture of companies.
• Merger of companies.
• Partial division of a company.
• Total division of a company.
• Incorporation of a company.
• Extinction of a company.
• Establishment of a company.

In these cases, the balance of the ledger accounts of the company that suffered the event in the controlling company responsible for delivering the ECD must be consolidated. 

It is made up of the following records:

• K001 - Opening of Block K; 
• K030 - Consolidated Accounting Bookkeeping Period;
• K100 - List of consolidated companies;
• K110 - List of Corporate Events;
• K115 - Companies participating in the Corporate Event;
• K200 - Consolidated Chart of Accounts
• K210 - Mapping for Charts of Accounts of Consolidated Companies;
• K300 - Balances of Consolidated Accounts;
• K310 - Companies holding the installments of the total eliminated value;
• K315 - Counterparts companies of the total eliminated value installments;
• K990 - Closing of Block K.

03. Registration of Block K 

a. Registration of Block K - Economic Conglomerates - CTBS420 

This screen makes up the creation of the records covered by blocks K030, K100, and K110. To register, just follow the steps below:

1.  Access the Managerial Accounting Module (SIGACTB) from the Updates > Account. Bookkeeping > Files > Block K File - Economic Conglomerates (CTBS420) menu;
2. Click Add;
3. Complete the Description and Period of Consolidated Accounting Bookkeeping. This file will compose block K030 with the beginning and end of the bookkeeping period.
4. Select the Group of Companies/Business Unit/Branch;
5. Fill in Participation Percentage, Consolidation percentage, Company Start Date, Company End Date, and if an event occurs. This file will compose block K100, containing the data of the companies controlled by the controlling company, as well as the percentage of participation of each of them, and the percentage of consolidation.  
6. Complete the Event Code and Event Date. This File will compose block K110, with the event code and the date of its occurrence. 

b. Block K200 File - Consolidated Chart of Accounts - CTBS430 

This screen makes up the creation of the files covered by blocks K200 and K210. To register, just follow the steps below:

1.  Access the Managerial Accounting Module (SIGACTB) from the Updates > Account. Bookkeeping > Files > Block K200 File - Consolidated Chart of Accounts (CTBS430);
2. Click the Other Actions > Import Chart of Accounts button;
3. On the parameters screen, select the included File K030, select the range of accounts to import, select whether to overwrite the records, and whether to bind the accounts by Group of Companies.  
4. After importing, change the analytical accounts. Click on the record, then click Edit;
5. File K210: Mapping of the Chart of Accounts Consolidated Companies, select the company code registered in K100. 
6. Fill in the Company Account Code with the respective ledger account code in the chart of accounts of the company to be consolidated.

c. Block K300 File: Consolidated Accounts Balance - CTBS440

This screen makes up the creation of the files covered by blocks K300, K310, and K315. To register, just follow the steps below:

1.  Access the Managerial Accounting module (SIGACTB) from the Updates > Account. Bookkeeping > Files > Block K300 File: Balances of the Consolidated Chart of Accounts (CTBS440);
2. Click the Other Actions > Import Accounting Balances button;
3. In the parameters screen, select the K Block Identifier included, select whether you want the Position Prior to Profits and Losses, fill in the Exercise Calculation date (L/P), select the Account Range of balances to be consolidated, the Currency, the Type of Balance, select whether you want to Overwrite the Records and whether you want to Import the Balances by Company Group. 
4. On File K310: Companies holding the total eliminated value installments, enter the Company Code with the value to be eliminated, the Eliminated Value, and the Eliminated Value Indicator.
5. On File K315: Companies Counterparties of the Total Eliminated Value, fill in the Code of the Counterparty Company, the Counterpart Account Code registered in file K300, the Counterpart Value, and the Counterpart Indicator.

After these records are made, simply access Updates > Accounting Bookkeeping > Bookkeeping Center, follow the steps for generating the ECD in the desired ledger, and, in the questions Consolidated Accounting Bookkeeping, set the option 1-Yes and select the K Block Identifier Code.

04. Screen

 None

05. TABLES AND ROUTINES