Related topics
In this program you work with Company consolidation. This panel is reached from the originating company, and you define which company is to be the corporate company for this specific originating company. You can consolidate companies with different system currencies, different account file structures and different accounting periods. All companies in your company hierarchy must use the same fiscal year.
- Corporate company
- Enter the code for the corporate company in which the originating company is to be consolidated.
Company hierarchy maintenance, Account/Summary ID part relationship (FSR50002)
On this panel you define the base account hierarchy to be used during company consolidation. You define the relationship between the account structure in the corporate company, and the account or summary id structure in the originating company.
For each account part in the corporate company you can choose to transfer either an account part, a summary id part from the originating company, or enter a fixed account number.
- To account part
- Displays the account parts set up for the corporate company to which you want to transfer the account parts, summary id parts, or fixed account numbers you define on this panel.
- To fixed account no
- Enter a fixed account number. Fixed account numbers belong to the corporate company. When a balance from the originating company is entered on a main account in the corporate company which requires that other account parts are filled in, and these account parts are not used in the originating company, the entered fixed account numbers will be used instead.
Example:
You would use a fixed account number to retrieve the originating company code to the corporate company in order to keep track of from where the converted figures originate. Or, if there are differences between the number of account parts, or if one account part does not contain anything relevant to convert.
- From account part
- Enter the originating company account part connected to the corporate account part to which the balances are to be transferred.
Example:
If the main account part is account part 4 in the originating company but account part 1 in the Corporate company, you enter 4 here.
- From sum id part
- Enter the originating company summary id part connected to the corporate account part to which the balances are to be transferred.
Copy balance types
In the fields below you decide which balance types you want to transfer from the originating company to the corporate company for both Actual balances and/or Budget values.
Note: If the balance type is inactivated in Work with system balance types, the default is NO and cannot be changed.
- System currency
- Indicate if you want to transfer a system currency balance type for actual balances and/or budget values. Balance type 301 will be transferred, if activated, otherwise type 302. Note: System currency in the originating company will become transaction currency in the corporate company.
- Quantity
- Indicate if you want to transfer a quantity balance type (305) for actual balances and/or budget values.
Company hierarchy maintenance, Accounting period relationship (FSR50003)
On this panel you connect the accounting periods of the originating company to the accounting periods of the corporate company.
Originating company
- Copy period X to
- For each existing accounting period in the originating company, you enter the accounting period number in the corporate company into which the balances are to be transferred.
Example:
If the originating company uses months as periods, but the corporate company uses quarters, you would connect periods 1, 2, and 3 in the originating company with period 1 in the corporate company.
Company hierarchy maintenance, Budget number selection and relationship (FSR50004)
On this panel you decide which budgets in DC1 Financials you want to transfer from the originating company to the corporate company.
Originating budget => Corporate budget
- Selection X
- Enter the originating company budget numbers you want to transfer and enter the corporate company budget numbers they should be transferred to. You can complete any or all fields, and in any order, but you must enter a number in both fields for every selection.
Example:
Originating company budget number 1 can be transferred to corporate company budget number 2.