Schedules and schedule details

Schedules are available if Financial Consolidation or Budgeting & Planning, or both are activated. Schedules categorize financial data. Schedule details provide detail of financial data. Schedule details are used, typically, to split data into movements, write-offs, or corrections.

Optionally, you can load a default set of schedules and schedule details. You can use these as they are, or adjust them to your requirements.

For each schedule, you can define schedule details and then assign schedules to accounts. Schedules and schedule details can be created, uploaded, or imported independently. However, to upload or import both the schedule details and the assignments, ensure that you import the schedules first, and then the details.

When you create a schedule, there is an option to use the opening and closing balance. If you select this option, system-generated Opening balance and Closing balance elements are created to enable the import or calculation of those balances.

A system-generated element is provided for currency translation differences.

Schedules can be grouped. These rules apply:

  • Schedules that use the same detail must not be grouped.
  • Details must not be added to schedule groupings.
  • Schedules that use the Use Opening/Closing balance option cannot be grouped with schedules that do not.