Autobalancing in MDBSS

Automated balancing of forecast outputs within the Multi-Dimensional Balance Sheet Structure (MDBSS).

Business Benefits:

  • This feature was already available and has enhanced in ALM Cloud Services to auto-balance forecasted financials across MDBSS dimensions for scenario outputs, consolidated results, and EaR in Dynamic Deterministic runs. The 25B update introduces changes related to taxes and dividends, along with a refreshed time bucket UI.
  • Eliminates manual adjustments by maintaining balance sheet integrity across dynamic forecasts. Enhances accuracy, audit readiness, and compliance with accounting standards.

Steps to Enable

You don't need to do anything to enable this feature.

Key Resources