Legal Consolidation: Entity structure question

Hi Experts,
Just want to ask if technical Entities are required in order for Legal Consolidation to work in SAP BPC 7.5 NW SP6? I'm using both R-Type (Currencies) and G-Type dimension (Conso Groups). In my first structure, I only have the following set up in my Entity and Groups dimension:
Entity Dimension:
ID          EVDESCRIPTION          PARENTH1     CURRENCY     INTCO     FX_TYPE     ELIM
ALL_COMP     All Company
COMPT1          Company Group 1          ALL_COMP
COMP1          Company 1          COMPT1             USD          I_COMP1          Y
COMP2          Company 2          COMPT1             USD          I_COMP2          Y
COMPT2          Company Group 2          ALL_COMP
COMP3          Company 3          COMPT2             USD          I_COMP3          Y
COMP4          Company 4          COMPT2             USD          I_COMP4          Y
Groups Dimension:
ID          EVDESCRIPTION     CURRENCY_TYPE     ENTITY     GROUP_CURRENCY     PARENT_GROUP     STORE_ENTITY     STORE_GROUP_CURR     CONSO_TYPE     DATASRC_LEVEL     STAGE_ONLY
GCOMPT1     Company Group 1             G               USD                                   Y               A
GCOMPT2     Company Group 2             G               USD                                   Y               A
NON_GROUP     Non Group
In this set up, my Consolidation results in error "RUN_LOGIC:Accounts and entities do not match data in application OWNERSHIP". But if I change my set up to the following(with technical Entities), I don't get the error:
Entity Dimension:
ID          EVDESCRIPTION          PARENTH1     CURRENCY     INTCO     FX_TYPE          ELIM
ALL_COMP     All Company
COMPT1          Company Group 1          ALL_COMP
COMP1          Company 1          COMPT1          USD               I_COMP1
COMP2          Company 2          COMPT1          USD               I_COMP2
COMPT2          Company Group 2          ALL_COMP
COMP3          Company 3          COMPT2          USD               I_COMP3
COMP4          Company 4          COMPT2          USD               I_COMP4
ECOMPT1             Company Group 1                    USD                         Y
ECOMPT2             Company Group 2                    USD                         Y
Groups Dimension:
ID          EVDESCRIPTION     CURRENCY_TYPE     ENTITY          GROUP_CURRENCY     PARENT_GROUP     STORE_ENTITY     STORE_GROUP_CURR     CONSO_TYPE     DATASRC_LEVEL     STAGE_ONLY
GCOMPT1     Company Group 1             G          ECOMPT1     USD                         Y          Y               A
GCOMPT2     Company Group 2             G          ECOMPT2     USD                         Y          Y               A
NON_GROUP     Non Group
Am I just missing some properties or set up in my first that's why I'm getting the error or do I really need to create technical Entities for consolidation to work??
Thanks,
Marvin

Hi nilanjan,
I was pertaining to the Entities with ID that starts with "E". Anyway, I tried removing the values "Y" for property "ELIM" in the Entity dimension and removed the values for "ENTITY" and STORE_ENTITY in the Groups dimension and I don't encounter the error and consolidation calculates okay.
Thanks,
Marvin

Similar Messages

Legal Consolidation - Entity Method Change Case [BPC 7M]

Hi.
We're working on Consolidation Consulting Project.
We've faced consolidation problem, Some entities' consoldiation method was changed to Subsidiary from Equity Method.
Please let me know how to keep working this project in this case.
(about requiring data processing or dimension, business rule setting. etc)
Edited by: tae-youn.kim on Oct 7, 2009 2:15 PM

Hi nilanjan,
I was pertaining to the Entities with ID that starts with "E". Anyway, I tried removing the values "Y" for property "ELIM" in the Entity dimension and removed the values for "ENTITY" and STORE_ENTITY in the Groups dimension and I don't encounter the error and consolidation calculates okay.
Thanks,
Marvin

Consolidation of 2 entity structures

Hello Gurus
I need helps pleace
I have 2 entity structures. My problem is when I consolidate the other structure, get the status cn , which is without consolidate.
SO I consolidate the first structure , the structure is set as consolidate. And I go to consolidate the next one , the status is set as consolidate. But when I returne to the first entity structure, the status is again not consolidate .
It is very strange
Any body know what is happening
sofia

Please provide what type of consolidation you are performing.
The 2 structures share entities. If you consolidate all with data on both structures the results will be as you described.
Try running Consolidate All With Data on structure A, when it completes run a Consolidate on structure B.

Currency and Groups Dimensions in Legal Consolidation, BPC 7.5

Dear BPC Experts:
          I am using BPC 7.5 NW SP03, and building Legal Consolidation now. According to the SAP Library,http://help.sap.com/saphelp_bpc75_nw/helpdata/en/bpc_nw_index.htm, it says in 7.5, the currency and groups dimension are required and should hold currency members and consolidation members seperately. I have couple of questions about this design.
1. Are GROUPS and CURRENCY dimensions both included in Legal Consolidation Application at the same time?
2. How to move data in currency diemnsion into corresponding members in GROUPS dimension?
    For example: THe GROUPS member, CG1(its currency is USD). How to let data in currency USD move to CG1.
3. In Legal Consolidation data package, should I modify the prompt dimension from CURRENCY_DIM into GROUP_Dim?? cause 7.5 has CURRENCY dim in its package setting at default. However, the consolidation package is based on GROUP perspectives.
    Does anyone give me any idea in it? I really appreciate your help.
Best Regards,
Fred Cheng

Hi Collet,
Thanks for such a quick response. Based on your answer,
The group-type dimension is used for storing the group component of legal consolidation. The group-type dimension represents the relationship of entities for a given consolidation result. This group is consolidated in a single currency, so there is no need to have another dimension. As of Planning and Consolidation 7.5, you can continue to use the currency-type dimension for this purpose, or you can split it into a group-type dimension (type G) and use a pure currency-type dimension (type R) to allow reporting in multiple group currencies.
If at all I go by that will that be sufficient to have only Group Dimension and ignore RptCurrency field in BPC 7.5?
As of now I am having my Group Dimension looks like this.
Member ID          EVDESCRIPTION        GROUP_CURRENCY        PARENT_GROUP      ENTITY
G_CG1                XXXX                          USD                                                                 E_CG1
G_CG2                XXX                            USD                                   G_CG1                   E_CG2
G_CG3                XXXX                          USD                                   G_CG2                   E_CG3
So now do I need to enter any RptCurrency Members under Group Member ID column to have RptCurrency ignored once for all. By the way our RptCurrency and Group Currency is USD only.
Please advise as right now we are not able to have Currency Conversion Functioning properly. I mean when I executed FXTRANSLGF, I am able to my DM status as Successful but saying 0 Submitted   0 Success   0 Fail
I am unable to crack this. I tired playing Groups and RptCurrency but same result. Successful but no records. We have maintained all Exchange Rates corrctly.

How can we develop two hierarchies in single entity structure?-HFM

Dear Professionals,
In our project we follow legal consolidation hierarchy in entity dimension.
But client required us Geographical consolidation too.
How can we create both hierarchies in single entity dimension??
please revert me,
Sarath

Hi Mr.Sarath
I understood your question,
means you want create 2 hierarchies in Entity dimension right,
that means see i do give with example ok
Nav: Open window client--> Manage metadata-->open the Metadata file that u have saved with open button--> go to Entity Dimension
Now u have created one hierarchy,
Entity Dimension
Geographical Entities (First Hierarchy)
India
AP
TN
MP
USA
Newyork
Texas
Legal Entities (Second Hierarchy)
AP
MP
Newyork
Under Geographical Entities u created few entities and then u can create sibling to geographical entity member , as Legal entities, as another member.
Then you select the Members list at right side pane of window and then it will show all the members of entity dimension (including Parent and children), then choose the what are the legal entities and then select the each member and drag each member with mouse cursor, to Legal entities member in entity dimension.
If you do like for all the entities
the system will not show that same name entity members message.

Error on legal consolidation

Hi,
we are using BPC 7.5 and we are trying to run a legal consolidation (SPRUNCONSO). The error we get is
CSD-120: No Entity - Method available
I have searched the forum for this error and found references to the ownership application. We do have one, it has data for the companies and period (plus previous year end) in question. I have checked the consolidation method used against those set-up (standard from Appshell, i.e. 90 and 86) and the rules we have created and it all matches and looks valid.
Our accounts in ownership are
PCON
POWN
PGROUP
METHOD
PMIN
Most of the dimensions used in the ownership cube (category, currency, entity, intco and time) are shared with the consol app, only the account dimension is specific to the ownership cube.
Does anyone have any idea what else I can check?
Thanks,
Arnold

Dear Arnold
I think your problem is to assign the consolidation method to the entity
Into the administrator, define the consolidation method inside the business rule library
for example
90 for Holding
86 for Global
70 for proporcional
etc.
You have to create a input schedule, with the follow row and col
ROW
ENTITY
COL
CONSGROUP
O_ACCT
Afther that you can execute the package /CPMB/OWNERSHIPCALC to calculate the indirect plus direct consolithation percentage
I hope this work for you
Ariel

Legal Consolidation problem

Hi Experts ,
Couple of days before , we restored the appset in the our development server .
After we did the procees all the dimensions and optimization all the application .
When i runned the legal consoldation , its running but no effect in the database .
This our legal consolidatio packaga file :
PROMPT(RADIOBUTTON,%CHEKCLCK%,"Select whether to check work status settings when running logic.",1,{"Yes, check for work status settings before running logic","No, do not check work status settings"},{"1","0"})
PROMPT(SELECTINPUT,,,"Please select category, entity and time for restatement",%CATEGORY_DIM%%TIME_DIM%%CURRENCY_DIM%)
TASK(Execute formulas,USER,%USER%)
TASK(Execute formulas,APPSET,%APPSET%)
TASK(Execute formulas,APP,%APP%)
TASK(Execute formulas,SELECTION,%SELECTIONFILE%)
TASK(Execute formulas,LOGICFILE,%APPPATH%\..\AdminApp\%APP%\LegalConsolidation.lgx)
TASK(Execute formulas,RUNMODE,1)
TASK(Execute formulas,LOGICMODE,1)
TASK(Execute formulas,CHECKLCK,%CHEKCLCK%)
I have one question here , we have the LGF file in the script login , but in the in package file it call in LGX.
R we need do anything ...
Regards
Daya

We done the both things .
I done the validated and save , then ran the legal consolidation , the package runned suceessfuly .
The data is not chnaged..
Is there any way to track the issue.....
In my view status , it showed as
TOTAL STEPS 1
1. Default Formulas: completed in 0 sec.
[Selection]
CHEKCLCK= Yes
(Member Selection)
Category: ACTUAL
Time: 2011.DEC
Groups: C_OLAM
Regards
Dayalan M

Waht is legal consolidation?

Dear All,
What is legal consolidation?
What are the stept to do this?
b.s.rao

Rao,
Around the globe are volumes of legal regulations, or the equivalent, which require the reporting of consolidated financial statements and determine their contents. In addition, similar reporting regulations exist for listings on certain stock exchanges. In some cases, these consolidation regulations require (only) one consolidation on a legal entity level, but more in-depth details for particular statements. This is callled legal consolidation.
The statutory consolidation(Legal consolidation) requirements depend on the legal and taxation regulations in the country of the parent company. In complex structures of corporate groups, these requirements may differ from group level to group level. In many cases it is sufficient to include the legal entities as consolidation units. For groups that report according to US GAAP or IAS, business segment reporting is also required. Most local accounting principles also demand business segment reporting from companies listed on a stock exchange.
Hope this helps you.
Rgds
Manish

How to handle exchange of Shares in Legal Consolidations

Forum,
I'm looking for a solution to capture the exchange of shares between entities for a third entity.
So the question is, what is the recommended approach to handle these transactions in a legal consolidation application?
For example:
Entity A acquired shares (value of $100K) of Entity C from Entity B
Entity B disposed of shares (value of $100K) of Entity C to Entity A
These transactions need to be eliminated and will affect multiple accounts (ie. acq of disposals, gain/loss, proceeds from sale of shares, etc...)
This leads us to the question of how do you see that the shares amount was related to Entity C without a shares dimension? Or alternatively is this handled using the PShares account in the OwnAccount dim?
Edited by: Michael Hutchins on Mar 20, 2009 10:03 PM
Edited by: Michael Hutchins on Mar 31, 2009 7:56 PM

Hi Michael,
While getting the Trail Balance from your source system the transactions relating to interccompany shares dealing already been recorded.
Now in legal consolidation you have to eliminate these posting for this you can use normal Interunit elimination rules to eliminate the balances.
This should be executed before executing final consolidation eliminations ie Investment and share capital eliminations.
Regards
Naveen.KV

Difference Between Legal Consolidation and Management Consolidation

Dear Experts,
Kindly help me to know
1) To Differenciate between Legal Consolidation and Management Consolidation Theoritically?
2) To Differenciate between Legal Consolidation and Management Consolidation Technically in BPC?
3) What is impact on /Difference on Business Process Flow in BPC in case of Legal Consolidation or Management Consolidation? (What should be done in Management COnsolidation and Legal COnsolidation in BPF in BPC)
Thanks in Advance
Ritesh

True accounting/legal consolidations encompasses the three following elements:
1. the general ledgers of the entities
2. elimination entries between entities (inter entity transactions such as sales/cost of sales, a/r and a/p etc.)
3. adjustments for partially owned entities
Using the legal app, rate and ownership apps, and the proper configuration, outlooksoft achieves a legal/accounting consolidation. Accounting consolidations also link to a legal hierarchy of entities.
Any consolidation that is referred to as management or financial consolidation etc. can have differing connotations. In Outooksoft software, management consolidations does not include item 3.
However, when the terms are used by the client they can have different meanings. They could mean either :
A true legal consolidation BUT tied to the Management hierarchy of entities (as opposed to a legal hierarchy) OR An aggregation without item 3 above and tied to the Management hierarchy of entities.
9 times out of 10, clients usually want the first rather than the second alternative. Financial statements
rolled up using legal consol should equal that using management consol.
However, when clients do planning, they may have their entities plan as if they were fully owned. They could also have their entities provide actals for less than 100% in the case of partially owned entities. In these cases, you have to adjust appropriately.
From an Outlooksoft config point of view, you need the legal, rate and ownership app and the related configuration for a legal consolidation. Management consol depends on client definition and client practice in the data that they collect from the entities.
In the area of BPFs, the key difference between legal and management COULD be the steps (1-3) and the maintenance of the different hierarchies and ownership values.
Hope the above helps.

Legal Consolidation VS Management Consolidation

Hi Gurus,
In the reporting application types
" Financial type allows to perform Management consolidation function and in Consolidation type allows to perform Legal consolidation function. "
What is the difference between Management consolidation and legal consolidation ?
I am bit confused can some one explain me what exactly it mean with an example??

Hi,
For the consolidation purpose,the data record contains at least the following fields:
company
company-partner
Profit Centre
Profit Centre-partner.
For legal consolidation, only company-related data matters. Because Profit centre data will be taken from the other source.For management consolidation, only Profit centre-related data matters.
There will be 2 initial data sets, should be created as Consolidation Areas to meet the business requirements , for example ASML -Legal Consolidation,ASMM-Management Consolidation.This is as according to the best in practice approach to have different sets of data for legal and management reporting. Management is focused on per segment, per product reporting and statutory focused on the legal entity view.
Each consolidation area will only hold the relevant consolidation unit. That is, the statutory consolidation area will only hold company codes and will not post/process to profit centres at all. The management view will hold Company codes/profit centres (sub assignment object) and the users will post only to the relevant company codes/profit centres
Also Pls check these links...
http://help.sap.com/printdocu/core/Print46c/en/data/pdf/FILC/FILC.pdf
http://help.sap.com/printdocu/core/Print46c/en/data/pdf/ECCS/ECCS.pdf
http://help.sap.com/saphelp_sem40bw/helpdata/en/67/f7e73ac6e7ec28e10000000a114084/frameset.htm
Re: Synchronize Master Data between BCS and BW within the same SEM system
/message/1508507#1508507 [original link is broken]
http://sap.ittoolbox.com/groups/technical-functional/sap-sem/dataflow-from-r3-to-sem-bcs-950671
https://www.sdn.sap.com/irj/sdn/go/portal/prtroot/docs/webcontent/uuid/6e01a04e-0a01-0010-dfbe-951c2c39d169
http://help.sap.com/saphelp_nw2004s/helpdata/en/c4/9057475ca611d4b2e30050dadfb23f/frameset.htm
http://www.sapprofessionals.org/?q=sem_bcs_key_design_considerations_for_integration_points
http://sapnewbie.blogspot.com/2006/03/sap-sem-bcs.html
http://www.pragmatek.com/news/BW%20Reprint%20Jun%202004.pdf
https://forums.sdn.sap.com/click.jspa?searchID=329906&messageID=549616.
Follow this link.
https://websmp103.sap-ag.de/sem
Pls chk under for more detils: Forums -> SAP Solutions-> SEM-BCS.
media library -> presentations -> SEM-BCS. Here u can find the relative document.
Hope this helps.
Regards,
CSM Reddy

Built-in templates for Legal Consolidation in SAP BPC

Hi guys
I am doing a demo for legal consolidation and was wondering if there are built-in input scehdules (templates) in SAP BPC to assign the consolidation methods to entities (to let the system know how an entity needs to be rolled up in a group)?
Also are there any input schedules (templates) to enter the Ownership % and Control % for various subsidiaries under a parent?
Please let me know.
Thanks,
Ameya Kulkarni

I don't think any of the default applications come with pre-built input templates. The legal applications does come with a number of pre-configured business rules, but as far as pre-built input templates go none are available. That being said, it is pretty easy to build a simple input template using the dynamic templates that come with BPC. Starting with one of these you should be able to configure one of them for your demo without much trouble. Let me know if you need help with that.
Nick

Error in running Legal COnsolidation Package

Hi All,
On running the legal consolidation package i am constantly getting the same error which is :
'RUNLOGIC:Dimension Set: "ENTITYDATAVALUE" not assigned in Data manager'
I have checked all the dimensions and it all seems to be proper. I tried altering the input of data manager to include ENTITY dimension but the manager did not run at all.
Please help me out. if anyone encountered the same error and has countered it pls share how to do so..
Regards
Navin

Hi,
I think you are using %ENTITY_SET% in your script. However, you are not prompting for the entity member in the DM package. You need to add the entity dimension in the prompt statement of the advanced script of the DM packge.
Hope this helps.

When do we use legal consolidation?

Hello Experts,
Can you explain what is meant by legal consolidation & when do we use legal consolidation?

Hi,
legal Consolidation is financial process for public companies are required under law to consolidate their accounts of their entire operations across globe to present a single view of their business.
In simple terms, legal consol is a process where all the operations are consolidated under the parent entity by looking at its economic interest in its daughter companies. The parent company has an ecomonic interest in the profits of its subsidiary companies as a result of its investment in them. so you consolidate against pre-determined rules.
Thanks,
Sreeni

Legal Consolidation package is automatically getting CANCELLED

Hi Experts,
I am trying to run the Legal Consolidation dtsx package which triggers the Consolidation.LGF script logic, but i am getting a strange cancellation message. It is automatically getting cancelled and when i look onto the log it shows Package - Running.
Does anyone have a clue on this ?
regards,
Samveer

Hi Fred,
You will need to provide screenshots of your parameter setting or type it out in the message for legal app and ownership applications. If not set properly, the message status you experienced is a typical norm.
The next step you need to check is the ownership application to ensure that you have the appropriate ownership structure setup for the period.
If you believe that you have set up everything appropriately, then scale back your ownership structure to a minimum to make sure that you can run the Consolidations package/process chain (automatic adjustments) to get the desired result. From there, you can build up your structure and test them to ensure expected results.
Are you on SP2 or SP3?
-Ken

Legal Consolidation: Entity structure question

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