Multi-GAAP

The Multi-GAAP dimension is an optional dimension that is used if you need to report your financial statements in both local GAAP and in IFRS or other GAAP. This dimension tracks the local GAAP data input as well as any GAAP adjustments.

If you select the Multi-GAAP dimension during application creation, you can select from these additional options:

• Enter Adjustment—You can select this option to enter GAAP adjustments manually. You enter data in the "FCCS_Local GAAP" member. Adjustments to local GAAP for IFRS are entered in the "FCCS_Adjustments" member. The IFRS amount will be calculated.
• Calculate Adjustment—Select this option to allow the system to automatically calculate the adjustment amount based on the Local GAAP and IFRS amount entered. You enter data in the "FCCS_Local GAAP" and "FCCS_IFRS" members. The Adjustments amount will be calculated in the Adjustments member.

You can include additional members and hierarchies for other GAAP adjustments. You can modify member aliases, but not member labels.

By default, if you select this dimension, the system provides the following dimension members:

• FCCS_IFRS

• FCCS_Local GAAP

• FCCS_Adjustments

To specify Multi-GAAP reporting during application creation, see Creating an Application.