Oracle Financial Consolidation Hub User Manual page 111

See: Example of How an Intercompany Rule Works, page 10-3
Balancing Options
In the Balancing Options region of the attributes page, select additional balancing
options and specify retained earnings and suspense handling accounts.
You can select a dimension, in addition to entity, to balance results. Balancing is
enforced during consolidation. The following examples are a few ways that
consolidation can get out of balance:
• The companies assigned to an entity are modified. When you run consolidation,
data preparation pulls balances for the assigned companies, resulting in an out of
balance.
• A consolidation rule might produce an entry that is not balanced.
In addition to balancing by entity, you can also balance by Organization and/or one
additional dimension.
• Balance by Organization - Select Yes to balance by organization.
• Balance by an Additional Dimension - Select a dimension to balance by that
dimension.
Retained Earnings
In the Retained Earning region of the Balancing Options, specify the account to be used
for retained earnings.
The retained earnings account is used to close profit and loss activity into retained
earnings accounts at year-end. This occurs in the Translation category, and for recurring
entries and adjustments that cross the year-end boundary. In addition, user-defined
categories, with the exception of Intercompany and Intracompany, may also be set up to
close entries to retained earnings.
See: Net to Retained Earnings at Year-End, page 7-5
Suspense Handling
In the Suspense Handling region of the Balancing Options, specify the account to be
Note:
Balancing options do not apply to intracompany and
intercompany elimination entries, since they balance by entity only.
Note:
If you are consolidating a user-defined data type, balancing may
or may not be enforced, depending on the definition of the data type.
See: Task 3: Data Types , page 5-6
Setting Up Consolidation Hierarchies 13-5