Consolidation Closing

Dear All,
Please advise consolidation closing process.
Thank you ! Urgent!

Hi,
Can you please elaborate whether you are using R/3 ECCS Module or SEM-BCS for Consolidation process.
As long as the configuration settings are correct, closing as such is a simple exercise. You need to follow the tasks in Data Monitor and Consolidation Monitor.
Thanks
Murali.

Similar Messages

Whats the difference between FDM and ODI and DIM

Hi Everyone,
Can Anyone explain the diff between FDM,ODI and DIM
Thanks!
Vaneet

FDM is purpose-built for--though not strictly limited to--loading financial data from external sources into Hyperion financial performance management applications, such as HFM, Planning, Essbase, etc. It it commonly used in financial consolidation/closing process, and it has many native features expected and required to support that type of activity. FDM is very well-suited to its intended purpose in serving the finance community of an enterprise. FDM is not so well-suited as a more generalized ETL tool, nor as a tool for maintaining application metadata.
ODI and DIM, on the other hand, are both general-purpose, enterprise-class ETL tools. Unlike FDM, they can be used to maintain application metadata, although they aren't necessarily the best tools to use for that purpose in every situation. Both tools are much more IT-centric than FDM.
DIM is actually Informatica PowerCenter bundled with some pre-build adapters for Hyperion products. In ODI vs. DIM, ODI is clearly Oracle's strategic product going forward.
A restricuted-use ODI license is now included with several Hyperion products (e.g., Planning), whereas FDM and DIM licenses are not. But if one of your main requirements is to transfer financial data in a consolidation process, FDM is hard to beat.

Minority Interest from Legacys system

When transferrring the opening balance from legacy system , to ensure the past year calculation is entered inthe new system so that consolidation balance of LY can be compared with CY.
How is the opening balance of last year end loaded. Becuase if the system is going to recalculate , the opening balance of MI, it can end up with different amount.
Please share your experience/thought on this.

Hi Dan,
Yes I agree it is not necessary in the opening balance of GL account.
But it is necessary in the opening consolidated balance of Group account in BCS to reflect the consolidation closing balance of last year last peiod data from legacy system.
if it not brought part of opening balance and if it should not be executed in BCS for past period... some how to bring this amount..
what is the way for this...

Closing and Consolidating

In light of Capital One now consolidating limits, I decided to go ahead and close and consolidate a couple of other cards. - Closed my $5k Aviator and rolled into my $7k Sallie Mae for a new $12k limit. No HP needed.- Closed my $3.5k AARP and rolled $3k of it into my $6k CSP for a new $9k limit. No HP needed. My Venture is eligible to be consolidated in exactly one month. I am torn between rolling it's limit into my QS WMC, or rolling my QS into my Venture and then PCing to a QS VS. Decisions, decision.. My Double Cash is a WMC so maybe it would be better to have the Visa Signature as a back up.. Anyways, does Citi require a HP to consolidate limits? I will more than likely close my TYP and roll it's limit into my Double Cash next year when the AF comes due.

Santi78342 wrote:
In light of Capital One now consolidating limits, I decided to go ahead and close and consolidate a couple of other cards. - Closed my $5k Aviator and rolled into my $7k Sallie Mae for a new $12k limit. No HP needed.- Closed my $3.5k AARP and rolled $3k of it into my $6k CSP for a new $9k limit. No HP needed. My Venture is eligible to be consolidated in exactly one month. I am torn between rolling it's limit into my QS WMC, or rolling my QS into my Venture and then PCing to a QS VS. Decisions, decision.. My Double Cash is a WMC so maybe it would be better to have the Visa Signature as a back up.. Anyways, does Citi require a HP to consolidate limits? I will more than likely close my TYP and roll it's limit into my Double Cash next year when the AF comes due.I've seen here several people report that Citi does require an HP to consolidate limits. I'd just give them a call and find out. I'm interested in that was well for my consolidation plans in a month or so.

Closing balance of january to be carried forward as February opening bal.

Hi Gurus,
I am looking for the script logic which helps me to carry the closing balance of a month to the next month as opening balance. Please can anyone help me with the code.
Thanks in advance.
Regards,
KumarMG
Edited by: KumarMG on Jun 7, 2011 4:40 PM

Hi Kumar,
From consolidation perspective, carry forward is a period-end activity and has to be done every period. CATEGORY dimension has a property called OPENING_PERIOD which can be used to define the source period from where you want to copy the data. The target period is defined as variable in the data manager package. So you have to run it for each period.
Normally, we bring closing balances from ECC (or any other source system) and also load supplemental movements types (F_120 etc). Then we use default logic (as shown below) to check the data integrity and post differences in error flow.
[ACCDETAILDIM].[#F_ERR] =IIF([ACCOUNTDIM].CURRENTMEMBER.PROPERTIES("DIMLIST1")="L1_E", [ACCDETAILDIM].[F_999] - [ACCDETAILDIM].[F_100] - [ACCDETAILDIM].[F_120] + [ACCDETAILDIM].[F_140],0)
Say if you are loading periodic data from source systems (ECC) and want to calculate the closing balance from openings/movements then you can create a script logic for the same. You can also use transformation rules and post the closing balances.

Manually closed DN appear with value 0 on sales analysis - items

Hello everyone,
When i manually close a Delivery Note (DN) using Data->Close that DN still appears on my sales analysis -> customer. (using the filter -> Delivery Notes)
However when i use sales analysis -> items i only get the list of items contained on that DN. All the columns (quantity, sales amount, gross profit, etc) are with zero values.
Is there any way of showing those values on the sales report? Or any other report? Is this standard system behavior? Shouldn't the items disappear completely then? What is the purpose of showing them without any further information?
Looking forward to be hearing from you.
Regards,
Sérgio Romã

Hello Gordon,
Thanks for the quick reply.
The business process requires me to close the DN manually:
The customer has something like 4000 employees that are created as customers. Each of those employees has a pre-defined creditline amount. DNotes can be created for each employee until that amount. On the second week of every month i need to close all these DNotes (i am doing this using an addon that runs based on schedule defined in a user table and that closes all DN that meet certain conditions) so that i can add more DNotes to each employee. At the end of every month i have another addon that totals all DN added that month (closed and open) and creates a single service invoice for a customer (defined in each employee).
So i need to close them manually because i cannot copy them to a consolidation partner (release of employee creditline and invoicing occur at the different moments during the month).
My disagreament with the system behavior is the following:
- I get the correct the results if i create a sales analysis -> customer. If they don't result in a sales transaction they shoudn't appear on this report either. (according to the logic you presented)
- Sales analysis -> Item. The item lines appear with zero. Once again, if it is not a sales transaction they shoudn't appear at all (according to the same logic). The system is doing the same thing as if the DN has been copied to an invoice which is a wrong behavior. This is a different situation and the item detail should be visible on the sales analysis report.
What do you think?
Regards,
Sérgio Romã

Consolidating itunes wont work??

"Copying Files Failed. The file name was invalid or too small."
That is what i get when i try to consolidate my itunes. ive tried restarting my computer and updated itunes? HELP!

I got a similar message several years ago, except it said the file name was too long. But forgot to tell me which file! It took me a while to figure out what it was doing.
I finally realized itunes was copying all the files over by Date Added (you need to have itunes in either list or cover flow view to show this column). I was consolidating to a new drvie named Q:
After monitoring the Win Explorer folder on the new Q: drive, I noticed the last folder added was always Carole King.
So I opened iTunes, and the content I added after Carole King back in 2006 was a bunch of opera CDS that are stored in the Compilations folder. Maybe iTunes got into some kind of race condition trying to open and close the Compilations folder for all those opera CDs, and stomped on itself as it was closing and opening it.
It also may have been a problem with the diacritical in La Bohème.
I took the opera tracks out of the compilations folder and it finished consolidating.
So - look in your library, see what was added in the itunes list just AFTER the items the consolidate puts in your new location. That is the file iteuns is having probelms with.

Passing Invoice Payment in Consolidation Scenario

Hello,
I'm writing an scenario for consolidation more Business One Companies in one HQ Company.
I'have no problem with BP, and Invoice but a question is:
If I want pass Incoming/Outgoing Payment referring some AP or AR Invoivces, how can I close the Invoices in HQ?
In fact the docentry of the Invoice obvioulsy change once it is written in HQ Database.
Any Idea ?
Thank You

Hi Gordon,
No , the scenario is this:
I post an Invoice i the subsidiary. Via netviewer the invoice is inserted in HeadQuarter
Then I Post a payment in the subsidiary closing the Invoice.
I'd like that when the Payment is inerted (via NetViewer) in the HeadQuarted Db, it should close the Invoice, so to have a correct Report for Open Posts in the HQ.
Hope have been clear,
Thank You

Data disappearing on consolidation

I am using HFM v9.3.1
I have created a new forecast scenario - periodic load (same as other forecast scenarios) already in the metadata
I load data into this scenario into an entity fine but when I run the consolidation the data disappears back to zero
I have checked the new accounts being used and they are all setup as ASSET
I have loaded security, exchange rates, started process control
Can't understand why this is happening as hasn't happened for other scenario setups.
Please advise if you can.

To add to my further testing:
I have tried creating the scenario differently and this did not affect the outcome. I believe it must be the way I have created the specific account codes that I want to use in this scenario.
There are only 26 codes all cashflow related and all rollup into CFF
- All are setup as ASSET
- All are IsConsolidated
- All have Custom1-4 members
- All have enable C1-4 aggr
- All have Submission Group 1
- none IsCalculated
- none IsICP
- base codes all have userdefined1 as CFF
The account setup follows the same as per our standard Balance Sheet hierarchy codes so cannot see what might be causing the data to disappear upon consolidation.
CFF - Cash Flow Forecast
CFCASHCL - Closing cash and cash equivalents
CFCASHOP - Opening cash and cash equivalents
CFNET - Net increase/(decrease) in cash and cash equivalents
CFOPCF - Operating cash flow
CFAEBITDA - Actual/Adjusted EBITDA
CFEBITDA - Actual EBITDA
CFADJ - Amendment to EBITDA forecast
CFOWCREC - Movement in OWC Receivables, Prepay & Inv
CFOWCPAY - Movement in OWC Payables, Accruals & Prov
CFICOC - Movement in Intercompany Current
CFOPAC - Net cash from operating activities
CFTAX - Taxes Refunded / (Paid)
CFGROUP - Group Costs
CFINVAC - Net cash from investing activities
CFINTREC - Interest Received
CFDIVREC - Dividends Received
CFCAPEX - CAPEX
CFFINAC - Net cash from financing activities
CFINTPAY - Interest Paid
CFDIVPAI - Dividends Paid
CFICONC - New Borrowings / ( Repayments)
CFPF - Net movements in principal funds
CFPFREC - Movement in PF Receivables
CFPFPAY - Movement in PF Payables
CFOTHER - Other
Be grateful for further input on the matter.
Thanks
LG

BPC 10.0 - Monthly closing balance - Brought forward happens at ECC or to be done at BPC end using BRs?

Dear All,
BPC 10.0 - Consolidation Project
When performing consolidation, every month's closing balance is being brought forward from one month to next month. Would like to know the business practice on how this is being brought forward.
My question is :
Is this happening at ECC end? I.e. BPC side does NOT have to do that through business rules?
Or,
ECC just send month's data without closing balance and, BPC side will have to bring forward the month's closing balance to next month's opening balance?
Which one is widely practiced?
Thank you.
Regards,
Peri

Thanks for your reply.
I agree with you for business rules are first option. But my question is which option is best among Business Rules
1) Balance Carryforward Business Rules
2) Account Transformation business Rule.
Few point in favor of Account Transformation BR :-
As business rule account transformation needs few configuration against BCF rules.
Account transformation uses Account, Category, Flow, Audittrail, Time (Periodic, YTD) and Sign Reversal.
Please help me in understanding the scenario which BFC can do but Account Transformation can not ?
Thanks,
Vish

Intercompany Elimination is doubling after running Legal consolidation

Hi BPC Guru's
Intercompany Elimination is doubling after running Legal consolidation Data Manager Package 2nd time tripples when run 3rd time and so on..Only change is that for resolving an issue with balance carry forward, we had changed the datasource type property for the audit trail members that store the eliminated amounts ealier this was A (Automatic) we changed that to (Manual) M and this is causing the doubling to start because if i change it back to A then there is no doubling..but the eliminated values are incorrect.
Would be great somebody provides with their expertise.

Hi Arnold,
This issue is related to another issue that was discussed on the http://scn.sap.com/thread/3247090
Till December all was well. Come January, after I run the consolidation package, the rule takes into account the balance from December for each month’s calculation:
There were 2 suggestions from the above post that i tried:
Check if “COPYOPENING” property in the Audit Trail dimension should not be “Y” -> It was Y for me but changing it to “N” did not solve my issue.
Opening Flow should be assigned “FLOW_TYPE” property with the value of “OPENING”
Both these are done in my system. But still the above issue exists. I also tried to change the rule to “Periodic” type but did not help.
What I basically want is for BPC to ignore the values from previous year and run the calculation based on only the current month’s data.
When we first faced this issue during January closing, as a temporary fix, we changed the “DATASOURCE_TYPE” property of the audit members used in Eliminations from A to M. This made the rule not consider December balances in the calculation.
But doing this gave rise to the doubling issue.
Any suggestions?
Regards,
Shruti

Balance Carry forward and Consolidation

Dear Friends,
I am completed the one cycle of consolidation using three methods in example cycle.... but I am facing the problem in balance carryforward after completing the one cycle of consolidation.
Can anyone please help me to understand the whole process of carryforward the balance after completing the one cycle of consolidation and after completing the carryforward how to run again the consolidation run what are the effects.
Thanks and regards,
MD.

Hi,
What is the problem with CarryForward? Does it succeed or fail? Does it move figures around? Please post a screen-shot of your CopyOpening Business Rule table and script logic so I can tell you why it isn't working.
Typically you would carry forward all Balance Sheet figures from 20X0.DEC to 20X1.JAN, and from the closing flow (or acctdet) to the opening. You would normally do this for Input-type DataSrcs (up to Consolidation adjustments).
Once you have a Balance Sheet in opening flow for 20X1.JAN, you would then load 20X1.JAN's closing trial balance for the same month into closing flow.
Consolidation will run on YTD BS figures and work in exactly the same way as in the first year.
Please be more specific if you need any more info.
Tom.

Joint Venture Associate Consolidation Translation Question

Hi All,
I have two problems with our Joint Venture/Associate Entities and the way they translate/consolidate in HFM which I would appreciate some input on if anyone can help:
1. Our implementation of HFM is YTD and each period that period's ownership percentage is applied to the whole YTD balance of the P&L which doesn't account for period on period ownership changes. I believe I can overcome this by forcing HFM to think periodically with closing/opening balances and the consolidation rules but does anyone have a neat/best practice way of doing this?
2. We have movement tables on our Balance Sheet accounts so the consolidation of the JV/Associate's P&L to the Balance Sheet for the parent works on a YTD movement basis, forming the year's closing balance which rolls forward to the opening balance in the next year. This all happens at the Node at [Proportion] and [Contribution]. I need to find a way to make sure that the consolidated amounts are at the current period's closing rate by adjusting the opening balance. I can't see a way of doing this as I don’t think there is a concept of the <Entity Currency> balance at this level. Any thoughts on this? I can think of some really messy roundabout ways of doing this but am again wondering if anyone has already worked this through and come up with a neat/best practice way.
Thanks in advance for any input!

Hi there,
Do you use the default consolidation rules or you have written your own custom rules?
If it is custom rules then both questions can be easily fixed.
Kind regards,
Thanos

Dates for doing Year End Closing and in which client

Hi,
I have some doubts with Year End Closing Activities.
1. Mine is an India Company following a non calendar year and period. Which date I should do the Year End Activities.
2. Which activities should be done on Production server directly and which one to be done in Development and Quality. Kindly list the activities.
Please advice.

Hi
The following are to be done before 31-03-2014 only upto sl no.7.
1. Document Number ranges copy to a fiscal year: OBH2
2. Internal Number ranges for challans : J1INUMBER
3. Witholding TAx certificates : J1INCT need not be necessary now since
    we have to issue certificates by downloading the data from IT site.
4. If you have excise maintain the number ranges for the following objects:
Objects
Object Description
J_1I57FC
57FC Number Range Object
J_1IARE1
ARE1 Doc No object based on Series Group
J_1IARE1
ARE3 Doc No object based on Series Group
J_1IBOND
Excise Bonding: Bond number object
J_1ICERT
Withholding Tax Certificates (India)
J_1ICHLNNO
Internal number range for challans
J_1ICONPLA
Consolidated PLA serial no. generation
J_1IDEPINV
Excise Invoice Number for Depot Invoices
J_1IEXCEXP
Export excise invoice number range
J_1IEXCINV
Excise invoice number
J_1IEXCLOC
Local excise invoice numebr range
J_1IEXCTST
Excise invoice with intervals
J_1IEXINEX
Excise invoice number for export
J_1IINTNUM
Internally document number to be generated
J_1IINTPR2
Despatch serial number
J_1ILIC
Excise Bonding: License number object
J_1IPLA2
PLA part II number range object
J_1IRG1
RG1 Number range object
J_1IRG1_T
No. Range for RG1 - Excise group / Material
J_1IRG23A1
RG23A part 1 no. range object
J_1IRG23A2
RG23A part II number range object
J_1IRG23C1
RG23C part I number range object
J_1IRG23C2
RG23C part II number range object
J_1IRG23D
Folio Numbers for RG 23D
5. If you have Plant Maintanance also, ensure wage rates are maintained
    for activity/cost center combination in KP26, if you are tracking wage
    cost as secondary cost element.
6. Ensure maintaining the version else sometimes your Payroll also may not work.
7. S_ALR_87003642 - Open and Close Posting Periods
8. After Board meeting and when the Balance Sheet is approved you do the rest viz.,
    FAGLGVTR, F.07
9. Asset Accounting related transactions can even be done after 1st April.
The above would be carried out naturally in Production client. Since we would be posting certain transactions in testing clients also it is advisable to do the above in testing clients also.
Regards,

Consolidation logic error..We are using BPC 7.5 NW SP7.

Hi Experts,
We are using BPC 7.5 NW SP7.
We are running the consolidation for 2011.NOVEMBER as a first month and there is no data for previous months except 2011.MAR. My financial year starts on 2011.APR.
When we are running consolidation using standard consolidation logic it is considering the 2011.MAR values for automatic data sources. it is considering automatic data source and F_999 AND F_100 flows.
After running the consolidation F_999 flow is becoming as F_100 AND agin F_999 is adding the present month F_999 flow values.
Example
acct1                auto1datasrc       2011.mar     f_999         100
After running standard consolidation logic in nov,
acct1                auto1datasrc       2011.NOV     f_100         100
acc1                auto1datasrc       2011.NOV     f_999         130   (100+30)...........[this is wrong, ideally we should have present mont value 30]
1. why is it considering previous year values
2. How to control restrict closeing bal not to add to current year closing balance.
Please Share your expertise.
Thanks,
Raj

Hello Raj, Im facing the same issue and also my problem is due to FLOW_TYPE maintainance. Could you please share your knowledge about the usage and behaviour of this property ?.
Regards,
Aldrin

Consolidation Closing

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