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.
- Open Consolidation Balance Set Period Configuration window and
create a new entry.
- 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.
- Select an accounting year to the Accounting Year field. The List
of Values can be used to select the required accounting year.
- Select an accounting period to the Accounting Period field. The
List of Values can be used to select the required accounting period.
- Then select balance version to the Balance Version field. The
List of Values can be used to select the required balance version.