This activity is used to define a reporting entity to be used in the Group Consolidation process. There are three reporting entity types, Mapping, Planning and Reporting.
Mapping is used to refer code part, account and code part value mapping in Reporting type and Planning type reporting entities when transferring planning balances.
Planning represents a group of companies which is used to report planning balances from Business Planning.
Reporting always represents a company from which actual balances (GL or IL balances) and/or planning balances will be transferred. A reporting entity should be connected to reporting transaction types in order to transfer balances.
In order to perform this activity, a master company (i.e. a company with the Master Company for Group Consolidation option enabled) should exist.
As a result of this activity, a reporting entity will be available to be used in the Group Consolidation process.