Create Structure

Explanation

This activity is used to create a consolidation structure based on which consolidation can be carried out. A consolidation structure is a combination of specific connections between nodes and reporting entities. A node represents a group of reporting entities belonging to both types (i.e. Reporting and Adjustment) in the consolidation structure. The selection of reported balances and the required consolidation adjustments are determined by the consolidation structure. Further, any changes to the group of entities belonging to a consolidation structure are introduced to balance consolidation via the consolidation structure.

Prerequisites

In order to perform this activity, the currency code for the top node should be defined in the master company.

System Effects

As a result of this activity, a consolidation structure is created. 

Window

Consolidation Structure

Related Window Descriptions

Consolidation Structure
Create Structure

Procedure

To create a consolidation structure:

1. Open Consolidation Structure window.
2. Right-click in the header of the window and click Create Structure to open Create Structure dialog box.
3. Enter an ID for the structure in the Structure field.
4. Enter a description for the structure in the Structure Description field.
5. Enter an ID for the top node in the Top Node field.
6. Enter a description for the top node in the Description field.
7. In the Currency Code field, enter the currency code to be used to translate and present the consolidated balances for the top node.
8. Click OK.