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.
On the Group Parameter page, you can define different group currencies
for different periods. If so, the currency exchange rate is used to convert all values during
the data transfer from the source period to the target periods. If, for example, CZK is used
for October 2023 and EUR for November 2023, and 1 EUR = 25 CZK, then this currency exchange
rate is used: 1/25 = 0.04. 200 CZK from October 2023 are
transferred to November 2023 according to this calculation: 200 CZK *
0.04 = 8 EUR
If the currencies of the source and target periods are the same, then the data is copied from the source period to the target periods without any currency conversion.