Local consolidation

A local consolidation does not post journals and does not perform currency translations.

In addition to the common actions of each phase, a local consolidation includes these unique actions:

• RPT reads input data and evaluates downfoot formulas for all leaf members as well as any formulas controlled by if rpt, if not xlt, and if not cons logic. Data is then rolled up in the Period dimension and the hierarchical custom dimensions.
• CONS evaluates downfoot formulas for both leaf and parent Period dimension members and custom hierarchical dimension members as well as any formulas controlled by if not rpt, if not xlt, and if cons logic.

A request for a local consolidation includes the *local=1 parameter line. The request must also include local currency and untranslated rate set parameters.