Understanding Model Definitions
Models enable you to specify at a very high level how you want to organize products or ledger accounts for purposes of analysis and performance management. You create model IDs in the EPM Warehouse. After creating the model IDs, you define the model for the FSI application specifying how the application assigns the model IDs to its definitions and processing rules.
Model definition is a onetime setup that specifies the product trees, balance sheet trees, or income statement trees defining the balances that you are processing, and their cash flow characteristics, such as accrual basis and term structure ID. On the Model Definition pages, you also indicate whether you want to net risk weighted capital allocations from balances for transfer pricing purposes. You specify the dimensions (product, channel, department, operating unit, or customer) by which you want to group the calculations when reconciling ledger balances with product detail balances.