1. 19Running Consolidations

2. Objectives
After completing this lesson, you should be able to:
• Describe the consolidation process
• Translate financial data into another currency
• Consolidate children by percentages
• Set up Organization by Period
• Consolidate data

3. Load
and add data
Calculate data
Translate &
consolidate
Approve dataLock dataRun and publish financial reports
Financial Management Business Process
Adjust data

4. Consolidation Overview
Consolidated data
for Connecticut entity
NetProfit
Administration East 6000
Marketing East 5000
Development 4000
EastSales 5000
Connecticut 20000

5. California
US
Consolidation Process
Processes:
• Run calculation
• Perform currency
translations
• Apply ownership
percentages
• Eliminate intercompany
balances
Connecticut

6. Consolidation and the Value Dimension
[Contribution Total]
[Contribution] [Contribution Adjs]
[Proportion] [Elimination]
[Parent Total]
[Parent Adjs][Parent]
<Parent Currency Total>
<Parent Curr Adjs><Parent Currency>
<Entity Currency Total>
<Entity Currency Adjs><Entity Currency>

7. Checking Calculation Status

8. Translating Data
Geographical
Europe Parent Currency = USD
Entity Currency = EUR
Entity Currency = USD
USD
EUR

9. Entering Exchange Rates
Exchange rate account
The custom dimensions contain
system-defined currency members.
In this example, Custom1 is the
source currency and Custom2 is the
destination currency.

10. Translating Data in Data Grids
Select translate
to translate data to the
currency shown in
the POV bar.
Entities with a currency
different from the one shown in
the POV bar show a status of
TR or TR ND until the data is
translated.

11. Consolidating Children by Percentages
Sample Organization Ownership Structure
50%
Geographical
Connecticut France
East Sales
100% 100%
100% 90%
80%
United States Europe
California Italy
Plant 1 Plant 2

12. Ownership Management
System account for consolidation
percentage

13. About Manage Equity Pickup

14. Setting Up Organization by Period
Use the Ownership Management page to specify the active
status.

15. Consolidating Data

16. Summary
In this lesson, you should have learned to:
• Describe the consolidation process
• Translate financial data into another currency
• Consolidate children by percentages
• Set up Organization by Period
• Consolidate data