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Sequential Consolidation

Former Member
0 Kudos

Hi

Guys, it is possible to consolidate with an interval of 4 months?

Example; Consolidate the month of March and then the month of August?

Or BCS is sequential

Tks Regards

Accepted Solutions (0)

Answers (1)

Answers (1)

dan_sullivan
Active Contributor
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This depends on the periiod categories and consolidation frequencies. However most are monthly and must be sequential because certain tasks are based on cumulative values and/or inversion of document for the previous period.

Former Member
0 Kudos

Dan

The eliminations, I would have to change the settings too?

Tks

dan_sullivan
Active Contributor
0 Kudos

What are the consolidation frequency and period categories for the eliminations?

Former Member
0 Kudos

Dan

The frequency is monthly

tks

dan_sullivan
Active Contributor
0 Kudos

Consolidation of investments is periodic and not cumulative. Data collection may be periodic as well.

To ensure the data is complete andthere are not inaccuracies, my suggestion is to execute the tasks for each period in sequence of earliest period to last period.

Former Member
0 Kudos

Dan

I have period 000.2011 is recording information eliminations

Do you know the reason?

tks

dan_sullivan
Active Contributor
0 Kudos

Period 000 is the opening balances resulting from the balance carry forward task. For the balance sheet items these are the ending balances of the previous year, with automatic reclassification of current year retained earnings to prior years retained earnings item or subitem.

The balance carry forward includes all posting levels.

Edited by: Dan Sullivan on Aug 30, 2011 4:11 PM

Former Member
0 Kudos

Tks Dan

Regards