10.3.1 Usage Examples of User-Defined Financial Elements

You can create additional user-defined Financial Elements for use in storing as follows:

  • Additional statistics that you source from an external system.
  • Driver statistics that are built up through allocation rule processes and that you intend to use in subsequent allocation rules.
  • Allocation rule outputs, if, for example, you are building up cost pools or other intermediate balances that represent “in-process” balances that are not fully allocated to the final multi-dimensional results.
  • Fully allocated balances that you wish to report on (that is, you may use a range of user-defined Financial Elements to build up a “reporting line” structure for fully allocated multidimensional profitability results).