Configure Consolidation Balance Set

Explanation

This activity is used to configure balance set per accounting period by using balance versions defined in the master company for group consolidation. Balance versions can be of two types i.e. actual type and planning type. Therefore, balance version  will retrieve actual balances or planning (budget/forecast) balances based on the configuration.

Prerequisites

In order to perform this activity, you should log into a master company for group consolidation.

System Effects

N/A

Window

Consolidation Balance Set Period Configuration

Related Window Descriptions

Consolidation Balance Set Period Configuration

Procedure

Use the following procedure to define Consolidation Balance Set Period Configuration.

1. Open Consolidation Balance Set Period Configuration window and create a new entry.
2. Enter the balance set ID you want to define the period configuration. The List of Values can be used to select the required balance set ID.
3. Select an accounting year to the Accounting Year field. The List of Values can be used to select the required accounting year.
4. Select an accounting period to the Accounting Period field. The List of Values can be used to select the required accounting period.
5. Then select balance version to the Balance Version field. The List of Values can be used to select the required balance version.