Account Types maintanence in Master data for consolidation in BPC 10.0

[Former Member]

Hi experts,

One of my clients is using BPC 10.0 NW which has both planning and consolidation activities, but i see the account types which are maintained are only two i.e INC and EXP .For the balance sheet accounts also the same are used i.e for assets the account type is EXP and for Liabilities its INC, instead of AST and LEQ respectively.

This was done taking Planning scenarios into account, my doubt is will this affect the consolidation process.

The consolidation Model type is YTD.

Thanks in Advance

Venkat

[Former Member]

Hi,

you will not get a correct consolidation with only profit and loss type account types. You can get correct result by using just on balance sheet type and one profit and loss type though.

BR,

Arnold

[damovand]

Hello,

Please see BPC measure formulas, they are completely dependent on the four account types.  If you are planning to use only INC and EXP for all account types you will not get correct results calculated. 

Best Regards,

Leila

[Former Member]

Hi,

Balance sheet accounts should be maintained as AST and LEQ based on the GL account type.

If they maintain balance sheet GLs also INC and EXP, it will affect consolidation process.

Tell the Accounts teams   to maintain proper account type for Balance Sheet account not INC and EXP as these are P&L accounts.

Hope this will help you.

Regards,

Devi

[Former Member]

Hi Venket,

I would suggest to use another dimension of type account for consolidation model.

Best Regards,

Deepak