Enter Reporting Status
Explanation
This activity is used to enter reporting statuses in order to make it possible
to transfer balances and or enter adjustment journals from reporting entities.
It is also used to control and monitor the progress of the reporting cycle as
a part of the Group Consolidation process.
Prerequisites
In order to perform this activity:
- One or more reporting transaction types should exist.
- Reporting entities should be defined and connected to the required reporting
transaction types.
- A balance version should be defined.
System Effects
As a result of this activity:
- Reporting transaction types are connected to balance versions as required.
- A period is selected in the master company for reporting the balances.
- The reporting entities connected to the selected reporting transaction
type are displayed in the Reporting Status per Reporting Entity list.