Configuring Financial Consolidation and Close Validations

You can configure and run different types validations for your financial data using the Financial Analysis Hub inFinancial Consolidation and Close. You can select validations with default expressions such as Out of Balance, Acquisitions and Disposala Offset, or validate status across modules such as Entity, Journals, and Approval status. You can also create custom expressions for validation.

To configure a validation in the Financial Analysis Hub:

1. On the Home page, click Financial Analysis Hub, then select Configuration

   The Configuration page is displayed with a list of available configurations.

2. Click Create.

3. On the Types tab, from Analysis Type, select Validation.

4. From Validation Type select an option:

   • Out of Balance—Validate the status of your Balance Sheet.

   • Acquisitions/Disposal Offset—Validate the status of Acquisitions and Disposals.

   • Inter Module—Validate the status from one or more modules: Entity status, Journal status, Approval status.

   • Custom Expression—Create a custom expression.