Rollover of group journals
The Rollover Group Journals function enables you to transfer all values and journals from a selected consolidation levels on a group basis. Consolidation levels can only be changed with the use of journals.
In the transfer, the level switches to its rollover equivalent. For example, the Cons. Capital consolidation level becomes Rollover Cons. Capital. In the first year that the rollover for the journals at a group level is run, all data is transferred from Cons. Capital to Rollover Cons. Capital. In the following years, all data from Cons. Capital is still copied to Rollover Cons. Capital. Additionally, the existing data in rollover capital consolidation is copied to Rollover Cons. Capital of the following year.
This table shows an example of how the results of Cons. Capital and Rollover Cons. Capital are added together and shown as a sum in Rollover Cons. Capital:
| Year Consolidation level |
2019 Cons. Capital |
2020 Rollover Cons. Capital |
2020 Cons. Capital |
2021 Rollover Cons. Capital |
|---|---|---|---|---|
| Assets | -50,144,862.34 | -50,144,862.34 | 500,000.00 | -49,644,862.34 |
| Liabilities and equity | -50,144,862.34 | -50,144,862.34 | 500,000.00 | -49,644,862.34 |
In 2019, the capital consolidation for assets is -50,144,862.34. In 2020, this value is transferred to Rollover Cons. Capital. Therefore, rollover capital consolidation is also -50,144,862.34. Then, in 2020 there is a further capital consolidation of 500,000.00. With the rollover of journals, the 500,000.00 capital consolidation is transferred to Rollover Cons. Capital in 2021 together with the existing rollover capital consolidation of -50,144,862.34.