Enter Reporting Status

Explanation

This activity is used to enter reporting statuses in order to make it possible to transfer the balances and/or enter adjustment journals from reporting entities. It is also used control and monitor the progress of the reporting cycle as a part of the Group Consolidation process. 

Prerequisites

In order to perform this activity:

• One or more reporting transaction types should exist.
• Reporting entities should be defined and connected to the required reporting transaction types.
• A balance version should be defined.

System Effects

As a result of this activity:

• Reporting transaction types are connected to balance versions as required.
• A period is selected in the master company for reporting the balances. 
• The reporting entities connected to the selected reporting transaction type are displayed in the Reporting Status per Reporting Entity table.

Window

Reporting Status

Related Window Descriptions

Reporting Status

Procedure

To enter a reporting period:

1. Open the Reporting Status window and create a new record.
2. Enter a value in the Reporting Transaction Type field. The List of Values can be used to select the required value.
3. Enter a value in the Balance Version field. The List of Values can be used to select the required value.
4. Enter the starting reporting period in the From Year-Period field. The List of Values can be used to select the required value.
5. Enter the until reporting period in the Until Year-Period field. The List of Values can be used to select the required value.
6. Enter a note in the Note field if required.
7. Save the information.

Note: For the reporting statuses entered with reporting transaction type Reporting and for a period range, certain reporting periods could be excluded from Exclude Periods from Balance Transfer dialog which can be accessed via Right Mouse Button option.