1. Administering Financial Consolidation and Close
  2. Consolidating Data
  3. Consolidation Examples
  4. Example 1: Reconsolidating Data from a Form

Example 1: Reconsolidating Data from a Form

In this example, data has been loaded or entered in base entities and parent entities have also been consolidated. However, subsequently there has been a change to the base entity data which causes an Impacted status at the parent entity. Consolidation is launched from a form, after first reviewing the status grid and selecting the impacted parent entity for consolidation. After consolidation, the status changes to OK.

  • Reconsolidating at the intermediate parent entity only impacts the upper-level parent entities.

  • Reconsolidating the top-level parent entity consolidates all parent entities below.