Select Consolidation Parameters
Explanation
This activity is used to enter the consolidation parameters required to perform
group consolidation and/or parallel consolidation.
Prerequisites
In order to perform this activity,
- A consolidation
structure of the Active status should exist for the relevant
consolidation period.
- A parallel consolidation structure of the Active status should
exist for the relevant consolidation period in addition to the above in the
case of parallel consolidation.
System Effects
As a result of this activity:
- A record combining the consolidation structure ID, balance version and the period of
consolidation (and parallel structure ID in case of parallel consolidation) is created.
- A graphical representation of the consolidation structure as at the period
of consolidation is made visible.
- The value of the Open/Close field is changed to Open.
Window
Consolidation Status
Related Window Descriptions
Consolidation Status
Procedure
To select consolidation parameters for consolidation process:
- Open the Consolidation Status window
and create a new record.
- Enter the relevant structure ID in the Structure field. The List of
Values can be used to select the required structure ID.
- Enter the relevant
consolidation period in the Year Period field. The List of Values can
be used to select the required year period.
- Enter the relevant balance version in the Balance Version field. The
List of Values can be used to select the required balance version.
- Select Generate Equity Elimination check box to generate equity
elimination postings in the consolidation process by using the information
in the Acquisition Register window.
- Select Calculate Currency Effect check box to calculate the
currency effect on consolidated balances. Asset, liability and statistics
opening balance accounts marked with Calculate Currency Effect will
be included in the calculation.
- Save the information.
To select consolidation parameters for parallel consolidation process:
- Perform steps 1-5 in the previous procedure.
- Enter the relevant parallel structure ID in the Parallel Structure
field. The List of Values can be used to select the required parallel
structure ID.
- Save the information.