Consolidation

Explanation

This activity is used to consolidate the balances reported from different reporting entities. Consolidation is carried out for a specific combination of structure, period and balance version. Therefore, consolidation can be allowed or restricted to a selected structure, period and balance version. The process can be carried out for the individual nodes or for the whole structure at once.

The page displays the consolidation status of each node. The consolidation status indicates the progress of the consolidation relating to a node. You can also update subsequent structure changes to the consolidation process after rolling back the consolidated balances.

This page can also be used for parallel consolidation. In order to carry out parallel consolidation process the combination of consolidation structure ID, balance version, period and parallel consolidation structure ID should exist.

For a more detailed view of a specific combination of consolidation structure, period and balance version the Consolidation Status page should be used.

Prerequisites

In order to perform this activity:

• The consolidation structure for which the consolidation is to be performed should be open for the required period and balance version.
• The current user should have security access to consolidate the balances for the required combination of structure, structure node and balance version.
• If alternative balance version is used for consolidation, the current user should have security access for the required combination of structure, structure node, alternative balance version and the connected master balance version.

System Effects

As a result of this activity:

• Consolidated balances are created for the selected node.
• The consolidation status of the selected node is changed to Consolidated.

 

Pages

Consolidation Status
Consolidation Status Overview

Activity Diagrams

Consolidation