Erase Ownership Data

Financial Consolidation Only

Erase Ownership Data is a process that lets authorized users replace investor relationship data and ownership properties data with null values.

Some business reasons for clearing database values might be to re-initialize a period or to remove irrelevant data.

Due to the permanent effects of this process, certain safeguards are in place to protect data from unintended erasure:

• The ability to erase ownership data is based on security roles (controller or administrator) and read-write access assigned by the administrator. Unauthorized users attempting to use this process receive a message informing them they do not have the required permission to run the request.
• Descendants of the Unit are not included in the Erase command unless specifically selected.

This chapter is for controllers and administrators with read-write security. It applies only to applications with the Ownership process enabled.

Best practice: To maximize performance and to minimize chances of inadvertently erasing data, we recommend erasing small amounts of data at a time.