Financial Consolidation

Simplified rule for capital consolidation

To match the functionality of Financial Consolidation version 11, a simplified rule for capital consolidation was added. It eliminates the investments of the owning entity against the owned entity's portion of shares. This simplified rule applies for a limited set of use cases and can be extended by customers, if required.

Custom Group Accountant application role

The new Custom Group Accountant role has similar permissions to the Group Accountant role. However, it can be limited to single groups, subgroups, entities or segments.

Create journal drafts

The Copy and Edit option in journal management has been added to create journal copies as drafts.

Customizing the Landing Page

You can customize the Landing Page by adding and reordering lanes, cards, jumps, and check points.