Define Period Mapping
Explanation
This activity is used to map the accounting periods of the reporting company
against the accounting periods of the master company. The purpose of this
activity is to specify which accounting period of the reporting company should
be considered when a balance transfer is carried out, and which accounting
period of the master company should be affected by those accounting periods of
the reporting company. The period mapping is used when reporting company
accounting calendar differs to master company accounting calendar.
Prerequisites
In order to perform this activity:
- A master company (i.e. a company with the Master Company check box
selected in the Company/General
tab) should exist.
- A reporting
entity connected to a reporting company should exist in
the master company.
System Effects
As a result of this activity, the accounting periods of the reporting company
are mapped against the accounting periods of the master company.
Window
Period Mapping
Related Window Descriptions
Period Mapping
Procedure
To map the periods of a selected reporting entity:
- Open the
Period
Mapping
window and search for the reporting
entity for which you want to map periods.
- Select a value for the Year Offset field to specify the
accounting year in the reporting company from which the reporting
balances should be fetched.
- In the Reporting Company Period field, enter the period of
the reporting entity of which you want to map to the accounting period
of the master company.
- Create a new record in the Exclude Reporting Company Periods tale.
- In the Exclude Period field, enter the period of the
reporting entity of which you want to exclude when transferring balances
to the master company.
- Enter a comment in the Comments field if required. .
- Save the information.