Setting up multi-level consolidation of subgroups in Financial Consolidation

This chapter guides you through the process of setting up the multi-level consolidation in Financial Consolidation.

In Financial Consolidation, the multi-level consolidation provides an additional method of consolidating groups that have subgroups. A subgroup is a group that rolls up into another group. Rolling up subgroups has these implications for transactions that have been or must be wholly or partially eliminated in the subgroups:

• A transaction that is eliminated in a subgroup must not be eliminated in the group into which it rolls up.
• If a transaction is partially eliminated in a subgroup, the balance of the transaction might require to be eliminated in the group, but not in the subgroup.
• Transactions between subgroups that roll up into a group cannot be eliminated in the subgroups but must be eliminated in the group.

The multi-level consolidation provides functionality to manage these scenarios automatically and to ease the configuration and processing. It also allows the reporting of the consolidated results on groups and subgroups.

The multi-level consolidation also considers changes to hierarchies in the organizational structure over the time and in different scenarios.

See the Infor Dynamic Enterprise Performance Management User Guide on how to configure the organization structure and use the multi-level consolidation in Financial Consolidation.