Dimensions Overview
Dimension hierarchies define structural and mathematical relationships, and consolidations between members in the database. Relationships are represented graphically in a collapsible hierarchy diagram. Upper-level dimension members are called parent members, and a member immediately below a parent member is referred to as its child. All members below a parent are referred to as descendants. The bottom-level hierarchy members are called level 0 members.
Data is typically entered into level 0 members of dimensions and not into parent members. Values for parent-level members are aggregated from the children of the parent-level members. In some cases, data for level 0 members is calculated.
Tax Reporting is a multi-dimensional consolidation application that requires a set of pre-defined dimensions. By default, when you create an application, the system creates these dimensions in this order:
- Account
- Period
- Consolidation
- Data Source
- Currency Dimension
- Intercompany
- Entity
- Movement
- Multi-GAAP
- Jurisdiction
- Scenario
- Years
- View
This set of dimensions handles the tax provision process. Each dimension is pre-seeded with a set of dimension members to allow for flexible application configuration. Only the dimension members required for the selected features are enabled.
Some of the members can be edited, while others are locked. The following system dimensions are not editable:
- Year
- Period
- View
- Consolidation
- Intercompany
You can also create custom dimensions while creating an application. See: Adding Custom Dimensions (Hybrid mode only)
You can edit and view dimensions using either the Navigator or the Simplified Dimension Editor.
You need to configure the following dimensions to add information for your organization:
As a best practice, only add Jurisdiction and Currency members that will be associated to Entities.