Data consolidation

Data at the client's is kept in two complementary databases that need to be consolidated in one report (P&L, Cash Flow,Balance Sheet).Currently, reports on separate databases is possible but they would like financial reports to incorporate accounts from both databases. What engine can I use to achieve the above scenario?

HI,
Pls follow the link:
Re: Reporting from 2 data bases
Also there are a addon with citixys for intercompany.
Hope u get a lot from the thread link.
Rgds,
Premraj

Similar Messages

Master Data Consolidation, BOM, Asset register, etc

Hi,
Please contact us for any requirement for creation of Master Data, Master Data Consolidation, BOM, Asset register, etc for PM/MM
Warm regards
(Mr.) Suriya Narayanan - Senior Consultant
LAPIZ TECHNICAL SERVICES
3rd Floor, Eastern Wing
S-15, Economist House
Guindy Industrial Estate
Chennai - 600032, Tamil Nadu, India
Tel: +91 44 65724735, 65724736, 22501511
Fax: + 91 44 22323683, 22501511
Mobile: +91 98411 20820
Email: [email protected], Cc: [email protected]
Website: http://www.lapiztechnical.com
Member: ECCMA: http://eccma.org

Hi User,
Yes, You can do that with the help of Compounding.
> Double click on InfoObject/Attr > Compounding Tab
> Check the check box of MASTER DATA LOCALLY FOR SOURCE SYSTEM
With this option you can deal with Master Data which is coming from different Source systems for a Similar object.
Give the InfoObject name/Attr name under the Superior InfoObject column.
This much only I know.
Please explore on this further.

When we get the actual data in BPC for planning, is the data consolidated

I had a question regarding Planning. When we get the actual data in BPC for planning, is the data consolidated? Do we need to run the consolidation business rules( IC Booking, Matching, IC Eliminations) on the data before we can use it for planning? Per my understanding we have to run Currency Conversion on this...correct?
Also, where do I get my actual data from? Does ECC/ Source system have data from all entities( CHQ, Region and Countries)?
Please help!
Thanks in advance

Hi Kimi,
In a hierarchical structure, the data is always loaded in to the base level, and the data is automatically rolled up to its parents.
The currency conversion will also take place at the base level, and as mentioned earlier, the converted data will also be rolled up as per the hierarchy.
The heading of this thread says planning. So, ideally, there wont be any legal (or statutory) consolidation. You might use the US elimination however, for eliminating the intercompany transactions, if any.
The planning can be done as zero based (wherein the user has to enter the planned data manually from scratch) or non-zero based (wherein the planned data of previous year is copied and the user can change the data as required).
The flow of events cannot be suggested by us. It has to be discussed with the business to understand how do they do the planning.
Hope this helps.

What is Master Data Consolidation?

Hi Friends,
what is Master Data Consolidation?
please explain this procedure with one good example?
please....

Hi,
Master Data Consolidation means:
1. Load master data from client systems
2. Identification and consolidation of similar or identical objects
3. Provision of key mapping for unified, company wide analytics and business operations.
4. It aggregate master data across SAP and non- SAP systems into a centralized master data repository. Once data is consolidated, you can search for data across linked systems, identify identical or similar objects across systems, and provide key mapping for reliable company wide analytics and reporting.
In this scenario, these are the following steps:
1. Users use SAP net weaver MDM to collect master data from several systems at a central location,
2. Detect and clean up duplicate and identical objects, and manage the local object keys for cross-system communication.
3.With this consolidated data, users can access the information they need to perform company-wide analysis and consolidated.
For example: Suppose Wipro have different branches like: Wipro Technologies, Wipro Limited, Wipro Infotech and each branch is doing business with the same customer. Each branch has its own name and is own id but overall it's a company called Wipro.
So, now if you see all these records are duplicate and hence give inconsistencies when this data is distributed in different departments of an organization. So we consolidate this data by sending it to MDM where all the information is consolidated, updated and managed properly.
Regards
Richa

Matser Data Consolidation Pros/Cons

Hi All
We are busy doing a roll out in a beverage industry and would like to know from previous experiences what are the possible pro's and con's experienced from consolidating master data for 2 different company codes.
Thanks in advance for your advice.
Rgds
Kasy

Hi Kasavan,
Could be more specific on what you want to know. As the question is quite general in nature
regards
Srini

Master Data Consolidation

Hi,
Please contact us for any requirement for Master data preparation and consolidation.
Warm regards
(Mr.) Suriya Narayanan - Senior Consultant
LAPIZ TECHNICAL SERVICES
3rd Floor, Eastern Wing
S-15, Economist House
Guindy Industrial Estate
Chennai - 600032, Tamil Nadu, India
Tel: +91 44 65724735, 65724736, 22501511
Fax: + 91 44 22323683, 22501511
Mobile: +91 98411 20820
Email: [email protected], Cc: [email protected]
Website: http://www.lapiztechnical.com
Member: ECCMA: http://eccma.org

Hi
I can take a guess.
It means you can utilize Info Obj (IO) master data in reporting on ODS's.
For example:
You have 0MATERIAL in an ODS, so when you use it in a
query you can bring its master data Attribute to that
report without any extra work (same as in a Cube), it
is very powerful feature for reporting.
Reg's
Edan

Planning Data consolidation

Hi,
Is there any option to summarize or Calculate the data in a webform without submitting the data.
Thanks,
Naveen Suram

As the web application is deployed each time it is restarted you would need to look in
Oracle\Middleware\EPMSystem11R1\products\Planning\AppServer\InstallableApps\Common\HyperionPlanning.ear
The file can be opened with a compression utility such 7zip, winrar.
The javascript file is :- ValidateData.js
In the planning admin documentation there is more information on custom javascript.
Cheers
John
http://john-goodwin.blogspot.com/

Difference between Consolidation, Harmonization and Central master data man

Hi ..Expertise
Consolidation is use to identify duplicate records and merge them into one record.
Harmonization is the process of pushing the new cleansed data back out to your partner systems.
Central master data management means you create records within MDM and then you distribute (Syndicate) this centrally created data to your Remote Systems.
My Question is her after Consolidation both Harmonization and Central master data management is doing the same thing i.e. sending the clean data to the other system. What is the difference between these two? Please explain me with an example or scenario..

Hi Yugandhar,
There are three basic scenarios that we follow in MDM:
Data Consolidation
Data Harmonization
Central Master Data Management
Consolidation :
Conolidation (matching , normalization, cleansing) and storage of master data imported from client system. Entails capabilities to identify identical and similar objects spread across the local systems , build consolidated master data.
Key Capabilities:
1. Cleansing and de-duplication
2. Data normalization including categorization and taxonomy management
3. New interactive consolidation capabilities
Data Harmonization :
In case of Harmonization we generally aim at reaching high quality master data within heterogeneous system landscapes. Here the main focus is on ensuring high quality of master data within the connected systems and then distributing the Master data
Key Capabilities:
1. Automated synchronization of globally relevant master data information
2. New Interactive distribution capabilities
Central Master Data Management :
In case of CMDM, it is not always the scenario that the Client wants to go for the above two scenario`s, but CMDM is always required as it helps us to maintain the Business data effectively and efficiently.
After MDM is put into the business scenario all the operations related to the Master records are done in MDM only. For Eg: Creating a record, Deleting a record, Distributing a record etc.
Now it is the work of CMDM to centrally maintain the data and check that no duplicate enteries can be created.
And all the various systems that are attached to MDM gets the updates from CMDM with the help of Syndication Process or Distribution Process.
Key Capabilities:
1. Central creation and maintenance of data
2. Ongoing master data quality
Hope this would be helpful !!!!!!!!!
Regards,
Parul

MDM Data Manager step-by-step process with an example

Hi All,
I recently started reading MDM. I am clear with MDM-Console concepts. But I have problem with MDM Data Manager. I am confused with data entries in qualified tables, work flows(using microsoft studio), Matching mode- rules(High treshold, low threshold) etc.. I read material posted in forums- but still I am not clear.
I need a step-by-step process for data entries with *examples*. A good example which covers all Data Manager concepts. PDF's with screen shots, videos any thing would help.
Please help me......It would be of great help.
Thanks in Advance.
Suchir

Hi Suchir ,
MDM 5.5 has 4 MDM clients to perform 4 main functionality on the MDM master records.
- Console- This is where all the Administrative work is performed
- Data Manager- This is where the actual maintainence work is done on the master data like consolidation deduplication etc.
- Import manager- Thsi is from where the source matser records are taken into MDM repoistory
- Syndicator- This is from where teh consolidated master data is send back to the target systems.
MDM Data Manager is the heart of MDM
The activities that can be performed in the MDM Data manager are:
- Data Consolidation
- Data Validation
- Data Deduplication
- Data Assignment
- Data Governanace
etc......
Qualified Table:
- Qulaified tables are used to store relational records where one field value is determining the other field or fields value.
- Qualified tables are maintained in Console and can be viewed in Data Manager
- Qualified Table are viewed under a separate section in Data Manager in the right hand side.
- Qualified table has Non qualifiers and Qualifiers.
- Non qualifiers can be seen in the Qualified table and in the linking Qualified field
- Qualifiers can be seen separately under the Qualified section in the data manager
Kindly refer the below link to know more on this:
https://www.sdn.sap.com/irj/scn/go/portal/prtroot/docs/library/uuid/00a15239-684e-2b10-b8ae-b936b7d1c1fe
Workflows
- Workflows are designed in MDM for Governanace
- You can create the MDM workflow using the MS Visio 2003 stencils in the MDM Data manager in the record mode under the workflow table
- The saved workflow in DM can then be executed either mnaully or automatically based on teh trigger actions
- The trigger action for teh MDM wf are record Add,Update,Import,Manual
Kindly refer the below link to know more on this:
https://www.sdn.sap.com/irj/sdn/go/portal/prtroot/docs/library/uuid/60559952-ff62-2910-49a5-b4fb8e94f167 (MDM Workflows Overview)
https://www.sdn.sap.com/irj/sdn/go/portal/prtroot/docs/library/uuid/90990743-91c0-2a10-fd8f-fad371c7ee40 (Demo of MDM Workflows)
Matching Mode
- This mode is exclusively for Master data deduplication
- We need to create Rules,Strategies,Transformation in MDM data manager in teh record mode
- Then you need to run these strategies on the selected records
- Based on your score and threshold set in the strategy MDM will identify duplicate records
- This score will be seen in teh Matching mode
- Colour coding is used along with scores to find out dupliactes
- Green - 100%dupliacte Blue- 50?% Red- No duplicate
Kindly refer the below link to know more on this:
/people/michael.reil/blog/2006/05/18/mdm-matching-strategies-for-master-data-consolidation (matching merging in mdm)
Hope It Helped
Thanks & Regards
Simona Pinto

SEM-BCS Preparation for Consolidation Group Changes

Hi All,
Is the task "Preparation for Consolidation Group Changes" only implemented when Consolidation of Investments has also been implemented?
Does "Preparation for Consolidation Group Changes" have any value on its own?
Any comments, replies or suggestions most welcome.

Hi,
I think that prep for cons group changes is independent (but supplementary to) from CoI.
See what is said in help:
"When in the middle of a fiscal year a consolidation unit is either acquired by a consolidation group (acquisition), divested from a consolidation group (divestiture), or changes its accounting technique (method change), the following data must be adjusted:
- Reported financial data
- Standardized financial data
- Consolidated data with posting level 20"
As you can see, not only consolidated data are to be changed, but also Standardized and Reported.
Moreover, as is seen above, changes of accounting technique will also trigger such activities.
So, my answers:
1. No
2. Yes.
Best regards,
Eugene

EC- Consolidation

I am configuring a new company code for UK. All other existing companies are in the US. I will be going live for this UK company in November 2007. I will upload the whole data for 2007 in November. Chart of accounts are same for all the companies but chart of depreciation is different for the UK. Only UK company's currency is GBP, while all other company currency is USD.
My question is, can I use EC_CS module on December 2007 to consolidate all the companies including the UK company, even though all the data for that company before going live will be enetered in November 2007. Will that be a problem?
Thanks in advance.

Hi,
1. The normal configuration settings you make for FI / CO configuration will not directly impact the settings in ECCS.
2. As you have indicated that ECCS configuration is already in place, how many Company codes are there presently? If it is only one Company Code, it does not make using ECCS Module.
3. If the ECCS configuration is already done, you need to create Master data (Consolidation Unit / Consolidation groups) for the new Company Code. In addition, you need to maintain the Consolidation hierarchy.
4. Based on trading partners defined inter unit elimination should happen automatically.
5. Rollup and real time update are the two ways of updating the transaction data from FI to ECCS module. In case of rollup, during the month end a transaction is executed which will update the data in ECCS - till such time no data gets updated in ECCS. On the other hand in case of real time update, the transaction data gets updated when the documents are posted in FI - instantly.
Thanks
Murali.

Data Load -- Best Practices Analytics 9.0.1

We are currently implementing Essbase I would be interested in feedback concerning data load practices. We have a front end system which delivers live operational type data in a sql database. Currently, I use Access to run queries against the data to load into Enterprise, but I would like to move to an automated, daily load for Essbase. At this point in Essbase, I have several load rules that I apply to Excel files which were exported from Access (not a good solution). I would assume that a better answer would be a SQL load, but I wonder how others typically go about loading information. What about loading financial data consolidated in another system (Enterprise)? Thanks for any feedback, Chris

Wanted to give an update of my progress today.
I again began with a clean installation of 9.0.0. Brought up the CF administrator and completed the installation. From there, I went directly to installing the 9.0.1 update and the 9.0.1 hotfix. To my amazement, the cf administrator came up with an issue. But . . .
I then went into the administrator to install my 'customizations' (i.e. my datasources, my SMTP mail server, my custom tags, etc). Truly nothing unusual. Almost sad to say - vanilla. I then shut down the service as recommended to have some of the changes 'take effect'. Boom, the cf administrator no longer appears but gives me the blank screen and the same error messages I have listed in my first note. So again, it must be "something either I turned on/off incorrectly, but don't even know where to look".
Would this be considered a bug?
Libby H

Master data maintanance in ECC6.0

Hi,
Master data is consistenly maintained in ECC6.0.My question is why we need sap-mdm?
Regards
Yugandhar

Hi Yugandhar,
Looking at the importance of the master data, SAP MDM is specially introduced by SAP for managing the Master Data extensively. It focusses of various issues related with master data such as Duplication, Incorrect data, Missing data, No standard of Data, No Governance with a single tool - SAP-MDM.
This tool focusses not on transactions but on complete aspects so as to how to keep the master data in an organization clean. It provides a solution to all the listed issues above and many more. We might have a complex landscape where in many SAP-non SAP systems might be integrated and might be following their own standards, etc. Hence, this tool will act as a central hub of master data and provide a single version of truth to all the systems so that we have clean, complete and only 1 version of data.
SAP ECC also can maintain the Master data but it might not be able to handle various issues related to master data efficiently. SAP-MDM has an in-built Matching capability which helps up identify the duplicates. Also there is an easy provision of MDM workflows, which helps in maintaining proper authorizations and helps in Governance.
I would advice you to go through these links to know the features and use of SAP-MDM in a better way.
Bringing Clarity to Your Company with SAP NetWeaver MDM
https://www.sdn.sap.com/irj/scn/go/portal/prtroot/docs/library/uuid/90db4c2d-a12f-2b10-8c99-e4feb7edac07
SAP NETWEAVER MDM Leverage MDM in ERP Environments - An Evolutionary Approach
https://www.sdn.sap.com/irj/scn/go/portal/prtroot/docs/library/uuid/4059f477-7316-2a10-5fa1-88417f98ca93
https://www.sdn.sap.com/irj/scn/go/portal/prtroot/docs/library/uuid/20c5eb85-f070-2910-6e9f-c8c97cb93638
Resolving Master Data Consolidation Challenges in ITBusiness transformation with SAP MDM Implementation:
https://www.sdn.sap.com/irj/scn/go/portal/prtroot/docs/library/uuid/d01e649d-7e4d-2a10-90be-ef481dafbd6c
You can many other links and lots of information on SDN regarding MDM.
Hope this info helps.
Thanks and Regards
Nitin Jain

BW Data Reconsolidation with R/3 data

Hi Experts,
I need to know the standard data reconsolidation process generally followed in BI. Currently we have BI7.0 and data from R/3 so we need to have data reconsolidation process.
Please suggest the efficient process to have the data consolidated. Your recommendation would be appreciated.
Thanks

Hi VJ,
There is as such no standard data reconciliation process. However you can make your own customized way of doing the reconciliation with R/3.
I will give you a scenario to help you understand it better. Lets say BW extracts FI data from R/3. To make sure that all the records has been extracted from R/3 we can create a report in R/3 which will show the year-to-date balance of all the documents posted and we can create a BEx query on the BW cube which will also display the trial balnce. Any difference between the two balance will identify the records missing from R/3.
Similary you can model other scenarios as per your requirement. If you are extracting from 2 or more different sources from R/3 then create a multicube on top of the individual cube and produce the report. You need to also create a similar report in R/3 as well.
Hope it helps.
Thanks,
Soumya

Consolidation hanged:HFM a/c movement

Hi,
we started march data consolidation. But we made some metadata changes for entity and custom dimension that we usually do. However, we also moved an a/c from one rollup to another rollup. usually consolidation takes 30 mins. But this time, the consolidation hanged.
I am not sure why the consolidation hanged. We usally move the a/c, entities and customs from one rollup to another rollup and it worked.
I just want to know what could ahve been the causes for this consolidation hanging.
1. Can a/cs moved from one rollup to another? what are the best practices?
2. If a/c movement is supported what could be the correct reason for my consolidation hanging?
venky

In addition to my confusing baffle above would the below solution work?
If I setup an entity group total "G"- 100% ownership
Under this total I have the main trading company "A" - 51% owned by our group
then also under this "G" total another group "I" which will consolidate the 3 investment companies 100% owned by the main trading company "A" but give this group an ownership of 51% so that when I take the consolidated values of group "G" I only have my 51% iroll up into our group accounts.
So it will look like this in the entity hierarchy:
Consol group accounts
--G group
----A entity - 51% owned by Consol group
----I group
--------B entity - 100% owned by A
--------C entity - 100% owned by A
--------D entity - 100% owned by A
At the consol level I only want 51% of this new group. Can someone please confirm that if I allocate ownership to "A" entity and "I" Group 51% ownership then I will get the correct results.
Also, if we do not have management control of "A" entity do I also tag this as Associate as well as "I" group?
Many thanks
LG
Edited by: jamdom on Aug 6, 2012 9:26 PM
Edited by: jamdom on Aug 6, 2012 9:28 PM
Edited by: jamdom on Aug 6, 2012 9:29 PM

Data consolidation

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