IFRS requirement in HFM

Hi,
We have a client requirement which should allow to enter different methods for IFRS and IGAAP accounts in their application.The issue is that they have different percentage owenrship scenario for IFRS and IGAAP. Example : Company B is subsidiary of company A (A is holding 50% shares of B resulting global consolidation method)in IGAAP but A and B are joint ventures in IFRS(resulting proportionate consolidation method).We tried different possibilities by having multiple hierarchy in Entity ;also in Scenario dimension but this does not resolve the client issue
Would appreciate if anyone can throw light how to handle this in HFM.
Thanks .

Look, if you place one entity (say Company1) under two different parents (e.g. IFRS_Group and IGAAP entities), then you can enter different POWN and consol Method for each of the parents.
In your case you would create CompanyA and CompanyB under IFRS_Group like this:
IGAAP_Group.CompanyA Method=Holding, POWN = 100%
IGAAP_Group.CompanyB Mehtod=Global, POWN=50%
IFRS_Group.CompanyA Method=Proportional, POWN=50%
IFRS_Group.CompanyB Method=Proportional, POWN=50%

Similar Messages

Posting on Trading date - IFRS requirement

In standard SAP, the start date of a Treasury transaction (Money Market or Securities) will be the settlement date.
But as per the new IFRS requirement, the client wants to book the Investment on the trade date.
For example if we Purchase US Treasury Bonds today and the settlement is tomorrow -T+1. The client wants to book the following accounting entry:
Today
Debit Investment (and increase the Position of the Security)
Credit Accounts payable - Investment
Tomorrow
Debit Accounts Payable - Investment
Credit Bank Clearing.
How can we achieve this in SAP Treasury module without making any custom changes?
The above applies to all the trades done on a daily basis.
Please advise.
Kalyan

Hi ,
Based on the requirement mentioned the same can be achieved by for purchase flow type map the accouting entry as
Dr Investment account
Cr Payable such as investment
and for settlement on next date you can enetr the same in other flows where you can another flow type to achive the same by adding the accouting entry
Dr Payable such as investment
Cr Bank wire out acct
using other flows in money markety and security transaction the requirement can be achieved .

How to implement IFRS requirement?

Hello SAP Gurus,
Good day.
May I seek your help and opinion regarding IFRS requirement please.
How do we setup create billing based on actual Good Receive by Customer?
Background :
Current setting in SAP, Billing date is EQUAL to PGI Date. It means that our sales recognition is based on Good Issue from our warehouse.
But base on local requirement and IFRS, we have to record our sales (sales recognition) based on actual good receive by customer.
So with that can you help advise how are we going to set this up in SAP? Please help.
Thank you very much in advance for your kind attention and assistance.

Hi Expert,
Please refer to the below link for implement IFRS in SAP.
http://wiki.sdn.sap.com/wiki/display/IFRS/ImplementingIFRSatSAPQandA
Regards,
GK
SAP

IFRS requirement , minority interest calculation and accounting for in SAP.

hi ,
We need financial consolidation with full consolidation , equity interest, minority interest as per IFRS requirements along with inter company eliminations
Will it be possible thru ECCS or we need to go to SEM suite.
thanks
KR

Hi,
With Virtual Ledgers in Ecc 5.0 and 6.0 we can customise few things and connected to ECCS module.
If you have BI,SEM modules implemented then it is better to go with Consolidation modules rather than ECCS.
Thanks
G Bharathi

Depreciation for IFRS requirement

Hello experts,
Could anyone explain me the configurations required for IFRS related to depreciation. My company is following Indian GAAP in Leading ledger. The non-leading ledger is also active. Now I want to make the relevant changes for depreciation for IFRS and assign that to the non-leading ledger. Please also note that the depreciation is already posted till date in leading ledger which is also reflected in non-leading ledger.
It would be great If some one could send the detail configuration document to me at sangramc at rediffmail.
Thanks in advance
Sangram

Hi,
The following changes needs to be made for you chart of Depreciation.
Define How Depreciation Areas Post to General Ledger
Here you have to specify the your Depreciation area real or derived and you have to specify the Post to G/L account and target Ledger Group.
Assign G/L Accounts - here you have to assign GL accounts as per your depreciation area.
Define Currencies of Leading Ledger :
Check your company code settings for Define Currencies of Leading Ledger.
Delta Depreciation Area :
You have to define Delta depreciation area to post the differential in you IFRS and LGAAP.
this depreciation area should be derivied Depreciation area.
Regards,
Rama Mohan

IFRS requirement - Current and Non Current items

There are 5 GL accounts (like loan to employess, car loans, etc)
These GL will have both items - current items and non current items
There are two seperate ledger created - Leading is IGaap GL and non-leading is IFRS ledger
Let me know how this procedure i suggested in SAP
My view was to create all these GL accounts again (for current items) and pass the entry for the required amount to that GL account. Then place that GL in appropriate place in FSV
Any other view?

Hi,
My suggestion would be,
Step
1. First creat all GL account as normal ones
2. Then creat GAAP adjustment GL accounts which ever is needed as per your client.(Current and Non Current items)
3. Then creat IFRS related adjustment GL accounts which ever is needed as per your client.(Current and Non Current items)
Then Creat 2 FSV. one with Normal GL and GAAP related GL and another Normal GL and IFRS related GL account.
In this case as per the business need the user will be able to take their trail balance both in GAAP and in IFRS.
This I feel is the best solution for you where you will not face any probelm in the future.
Hope this answers your question.
Regards
Paul

HFM Hierarchy requirement for GAAP Analysis

Hi Guru's
1. There is a requirement in HFM Application, where i need to enter the different Values for the same account(#1001) for Dirrerent GAAP purpose. How to build the Hierarchy to achieve this?
Account.......... ...*GAAP*................... Value
Account#1001........USGAAP................ $100
Account#1001........IFRS..................... $ 80
2. In the same scenario, if i enter the value $100 in Account#1001 for USGAAP it should show $80 in IFRS. Is it possible in HFM Application without writing any rules?
Account.......... ...*GAAP*................... Value
Account#1001........USGAAP................ $100 (Input value)
Account#1001........IFRS..................... $ 80(Desired Value)
Thanks for your help in advance
regards
Sarilla

We take care of this in the Custom3 Dimension:
Data gets loaded in .............................................................IFRS $ 80
With Journal Entries we adjust in C# member called.................ADJS $ 20
The parent in C3 is......................................................... USGAAP$100

Error trying to extract data via HFM objects

I've written a program to extract selected data from HFM (version 11.1.1.3.500) using the API objects. The program (shown at the bottom of this post) is failing on the 2nd of the following 2 lines:
oOption = oOptions.Item(HSV_DATAEXTRACT_OPT_SCENARIO_SUBSET)
oOption.CurrentValue = lBudgetScenario
where oOption is a data load/extract object previously initialized and lBudgetScenario is the long internal ID for our budget scenario.
The error is usually "COM Exception was unhandled" with a result code of "0x800456c7", but, mysteriously, even with no code changes, it sometimes throws the error "FileNotFoundException was not handled", where it says that it could not load "interop.HSXServerlib or one of its dependencies". The second error occurs even though HSXServer was previously initialized in the program and used in conjunction with the login.
I've carefully traced through the VB.NET 2010 code and find that all relevant objects are instantiated and variables correctly assigned. It also occurred to me that the data load DLLs might have been updated when the 11.1.1.3.50 and 500 patches were applied. For that reason, I removed the references to those DLLs, deleted the interop files in the debug and release folders and copied the server versions of those DLLs to my PC. I then restored the DLL references in Visual Studio which recreated the interops. However, the error still occurs.
The ID I'm using (changed to generic names in the code below) has appropriate security and, for example, can be used to manually extract data for the same POV via the HFM client.
I've removed irrelevant lines from the code and substituted a phony ID, password, server name and application name. The line with the error is preceded by the comment "THE LINE BELOW IS THE ONE THAT FAILS".
Imports HSVCDATALOADLib.HSV_DATAEXTRACT_OPTION
Module Module1
Public lActualScenario, lBudgetScenario As Long
Public oClient As HSXCLIENTLib.HsxClient
Public oDataLoad As HSVCDATALOADLib.HsvcDataLoad
Public oOptions As HSVCDATALOADLib.IHsvLoadExtractOptions
Public oOption As HSVCDATALOADLib.IHsvLoadExtractOption
Public oSession As HSVSESSIONLib.HsvSession
Public oServer As HSXSERVERLib.HsxServer
Sub Main()
'Create a client object instance, giving access to
'the methods to logon and create an HFM session
oClient = New HSXCLIENTLib.HsxClient
'Create a server object instance, giving access to
'all server-based methods and properties
oServer = oClient.GetServerOnCluster("SERVERNAME")
'Establish login credentials
oClient.SetLogonInfoSSO("", "MYID", "", "MYPASSWORD")
'Open the application, which will initialize the server
'and session instances as well.
oClient.OpenApplication("SERVERNAME", "Financial Management", "APPLICATION", oServer, oSession)
'Instantiate a data load object instance, which will be used to extract data from
'FRS.
oDataLoad = New HSVCDATALOADLib.HsvcDataLoad
oDataLoad.SetSession(oSession)
'Initialize the data load options interface.
oOptions = oDataLoad.ExtractOptions
'Find the internal ID numbers for various scenarios and years.
'These are required for HFM API function calls.
lActualScenario = GetMemberID(DIMENSIONSCENARIO, "Actual")
lBudgetScenario = GetMemberID(DIMENSIONSCENARIO, "Budget")
'Construct file names for open data.
strFileName = "c:\Temp\FEWND_BudgetData.dat"
strLogFileName = "c:\Temp\FEWND_BudgetData.log"
'Extract data for the current open cycle.
ExtractData("Budget", BudgetYear, "Dec", strFileName, strLogFileName)
End Sub
Sub ExtractData(ByVal strScenario As String, ByVal strYear As String, ByVal strPeriod As String, _
ByVal strFileName As String, ByVal strLogFileName As String)
'Populate the Scenario element.
oOption = oOptions.Item(HSV_DATAEXTRACT_OPT_SCENARIO_SUBSET)
If strScenario = "Actual" Then
oOption.CurrentValue = lActualScenario
Else
'THE LINE BELOW IS THE ONE THAT FAILS
oOption.CurrentValue = lBudgetScenario
End If
End Sub
Function GetMemberID(ByVal lDimID As Long, ByVal strMemLabel As String) As Long
Dim oMetaData As HSVMETADATALib.HsvMetadata
oMetaData = oSession.Metadata
oEntityTreeInfo = oMetaData.Dimension(lDimID)
GetMemberID = oEntityTreeInfo.GetItemID(strMemLabel)
End Function
End Module

I stumbled upon the solution to my problem. The documentation for extracting data via objects defines member ID variables as Longs. In fact, I've always defined such variables as longs in previous object programs and had no problems. It appears that the datal load/extract "option" property of "Currentvalue" is defined as integer. When I changed all of my member ID items (such as the "lBudgetScenario" variable that was the right-side of the failing assignment statement) to be integers, the program worked.

Upload to Phase 2 of HFM when Phase 1 is closed

Hi everyone,
Im facing a challange, that im struggeling with.
User is creating one file, containing information about IC and normal BS and PL.
The IC Information is send 4 days earlier as the remaining informations.
After the first upload the phase in HFM is closed,
now after some days the updated flat file is uploaded containing the same ic informations. These does not need to be uploaded again, but the remaining informations.
But the intersection validation report tells me taht the IC informations cant be uploaded.
the intersection validation report should not be deactivated.
thx a lot to everyone for his help

Hi,
Sorry if i wasnt that clear.
Imagin:
First day of month user needs to upload trough fdm his ICP informations to HFM. He uses an BS & PL flatfile from his sourcesystem. After upload he puts his entity from Phase 1 to Phase 2. Like that all the IC Accounts are locked for that period.
Second day, now the other non IC informations are required in HFM. User now uploads again the same FLatFile as yesterday but with updateted non icp informations (Remember, HFM has the IC Accounts on Phase 2) now as the Flat File contains the same ICP informations as on the first day he tries to upload them as well, but because HFM is on this IC Accounts on phase 2 the calues cant be loaded and im getting a Intersection Validation Report on this IC Accounts, telling me that i do not have the rights to upload them.
So, what i am looking for is, how to build the workaround to pass by the IC Account information on the second day without creating a separate locatin that uploads just the non IC informations.
Cheers and thanks for your support.

Material Ledger x IFRS x Depreciation

Hi All
In South America companies are used to run actual costing run (CKMLCP) to valuate the stock with actual price. This actual price uses local depreciation method in their depreciation activity.
Due consolidation purposes and IFRS requirements companies also must report the stock of materials using other depreciation methods.
In few words, we have to maintain the actual cost but change the "local" depreciation cost to "IFRS" depreciation. It´s an additional material ledger.
So far I know you can do it using the following scenarios:
1) Develop a custom report that recalculates your material ledger (CKM3 massive).
2) Use IFRS as local depreciation, calculates a difference from local depreciation, make a posting, run CKMLCP and reverse.
3) Use Alternative Valuation Run (CKMLCPAVR) besides regular CKMLCP to have an additional actual price for materials using different stock valuation method or parallel valuation ledgers.
I´m very interested in the third scenario but until now nobody has implemented it.
Pls let me know your opinion and thanks for your cooperation
Frederick Ramos
SAP CO Consultant
Brazil

Hi,
We had a similar requirement. And we decided to use Delta version (with a bit of a twick ;-).
It's based on the principle that we want to calculate different activity prices in different versions (0 and delta) using different splitting structures. We want to use the same data posted only once in version 0 (primary, secondary and production confirmations). However in one version you include depraciation CE from main dep. area and in delta version you include depraciation CE from IFRS (I presume you can post both depreciations into CO with different cost elements).
Then we use AVR which references delta version for activity prices.
I only prototyped it and this solution was not fully tested yet. So let me know if you encounter any problems.
Step by step description of the solution below:
1. Transaction OKEQN
    a) Create a delta version referencing version 0. Make it valid for actuals, plan and variance.
    b) Under Controlling Area Settings -> Settings for Each Fiscal Year -> Price calculation Tab set revaluation to 0 u2013 u201CDo not
         revalueu201D. Otherwise in CKMLCPAVR price cal we get error KP291.
        Please see SAP note 420366. Note 420366 - Error in cumulation actual price in ML delta versions
    c) Under Controlling Area Settings -> Delta Version: Transfer Business Trans. from Ref. Version thick all the boxes for actual.
         This setting defines which transactions are REFERENCED from version 0. Transactions are grouped per check box. If a
         box is checked a group of CO business transactions is treated as to be referenced from version 0.
         If a box is not checked a group of CO business transactions is not referenced from version 0 but can be executed
         explicitly for delta version.
         The logic here is that table TKA09V contains CO business transactions which can be explicitly executed for delta version.
         CO business transactions which are not in TKA09V are referenced from version 0 and must NOT be executed explicitly
         for delta version.
         Check box u201CActivity allocationu201D controls several CO business transactions which are related to activities, amongst them
         RKL - Actual activity allocation.
         So if we want to use in delta version the same activity quantities confirmed in version 0 we need to tick this box.
         However ticking this box also controls CO business transaction KSII - Actual price calculation.
         In other words if we tick for actuals box u201CActivity allocationu201D neither activity RKL nor KSII can be executed explicitly in
         delta version. Both transactions are referenced form version 0.
         So now if we try to execute Actual activity price calculation for delta version we get an error:
         "Message no. KI506
         Transaction KSII for version YYY is not permitted"
However what we want is to reference activity quantities from version 0 AND to execute activity price calculation explicitly for delta version (using dedicated splitting structure with IFRS depreciation cost elements included).
In order to achieve the above (and avoid KI506 in KSII) I had to u201Cmanuallyu201D maintain table TKA09V. I just manually entered entry KSII - Actual price calculation for delta version. This way I can calculate actual activity prices separately for delta version using quantities (and costs) already posted in version 0 and dedicated splitting structure.
d) Create additional splitting structure as per your alternative valuation needs (transaction OKES).
    For delta version assign your cost centres to this new splitting structure (transaction OKEW).
   So now we are ready to execute actual activity price calculation for delta version in transaction KSII.
In my testing everything went as expected. Actual activity prices for delta version were calculated according to new splitting structure and saved in table COST.
e) Create AVR and specify delta version as u201CVersion for Price for Cumulation in Legal Valuationu201D. Specify 7 u2013 Actual price for the period.
In my testing system used the correct price from delta version.
NOTE: Do not use "Determine Actual Prices" activity in CKMLCPAVR but calculated activity pricers for Delta verrsion in KSII.
Good luck,
Szymon

MSAD upgrade to 2008 R2 - user authentication - HFM FDM 9.3 DM 11.1

Looking to see if planned MSAD upgrade from 2003 to 2008 R2 will require any HFM, FDM or Disclosure Management administration to avoid possible user authentication errors? I understand they are compatible, but that doesn't necessarily mean connections will be uninterrupted. Anyone been there?

What was the error in the schema update utility?
The schema update log would be in the outbox\logs directory of the FDM application that is being upgraded.

Why ESSBASE not used in HFM...

WHY ESSBASE IS NOT IN USE IN HYPERION FINANCIAL MANAGEMENT .....
WHY ITS USED IN HYPERION PLANNING?

Check this response.
how many Schema Required in HFM
Thanks,
Azmat Bhatti

HFM Intercompany match reports won't display

Are there any specific system requirements for HFM intercompany match reports to display? Almost all of the users of our current HFM application are able to successfully run match reports, however one user in particular is unable to render the reports. In order to remove the question of user access, I want to confirm that this user is in the same security groups as others who are able to successfully run the reports.
My assumption is that there are settings on the individual user's machine that are preventing her from displaying the report. Has anyone else experienced this issue? Could she be missing a plug in or some system configuration that is required?
Thanks in advance for your responses.
Scott
EDIT:
User had Google Toolbar installed. Even though IE pop-up blocker was turned off, Google was stopping it from rendering.

Hi
1. Open Internet Explorer. In the "Tools" drop-down menu, select Internet Options
2. You will now be presented with the "Internet Options" screen. Under the "Security tab," click Custom Level
3. You will now be presented with the "Security Settings" panel, scroll down to the "Downloads" section. Under the "Automatic prompting for file downloads" subheading, click Enable. Choose Enable under the "File download" subheading as well. Then click OK to confirm the security settings have been changed on your browser
Also make sure that you are following the below Oracle Knowledge baes article.
Internet Explorer (IE7, IE8 and IE9) Recommended Settings for Oracle Hyperion Products [ID 820892.1]
thank you
Regards,
Mahe

Hyperion Installation Requirements for 11.1.2.3

Hi John
We Planning to implement Hyperion 11.1.2.3 for our client who are having 300 users
can u suggest the Hardware and Software Requirements for HFM,Essbase,Planning,FDM, ODI,DRM,
I had gone through Installation Documentation and Support matrix but in that they had not mentioned the requirments for these many users we sugest the following Ram and Harddisk those things
can us suggest me any documentation for all Hyperion modules the Ram and Harddisk requirements for 300 users .
Thanks,

You should be able to find that information in Standard deployment guide for 11.1.2.3.
Check here : Server Capacity Specifications
Regards,
Santy.

Adopción de normas IFRS

Colegas,
Podran compartir información de los pasos a seguir para la adopción de las nuevas normas IFRS.
Saludos,
Adrián Sánchez

Hola Adrián:
Echale un vistazo a los blogs de Patricia Meteil-Dutartre, tal vez te pueden servir (desafortunadamente están disponibles solo en Inglés).
How Starter kits Meet IFRS requirements - Introduction
IAS 1 - Presentation of Financial Statements (blog #2)
IAS 7 - The Statement of Cash Flows (blog #3)
IAS 21 - Effect of Changes in Foreign Exchange Rates (blog #4)
IAS 27 - Consolidated and Separate Financial Statements (blogs #5, #6 and #7)
IAS 28 - Investments in Associates (blog #8)
IAS 31 - Interests in Joint Ventures (blog #9)
IFRS 3 - Business Combinations (blog #10)
Saludos,
Francisco Milán.
Edited by: Francisco Milan on Jun 18, 2010 11:36 AM

IFRS requirement in HFM

Similar Messages

Maybe you are looking for