Table of Contents
Advertisement
Aggregation
The Aggregation category creates consolidated financial results for each consolidation
entity. It writes to the consolidation entity the summation of data for all children across
all categories. The Aggregation category always occurs last.
Selected User Interface Elements for Setting Up Categories
The following sections describes selected user interface elements for the Set Up
Category functionality.
Output Entity
An output entity is the target entity where the results of a consolidation rule or a
manual adjustment are written. The output entity can be the source entity, the parent
entity, or the elimination entity as follows:
•
Source entity - The adjustment or entry updates the balances of the originating
entity. For example, operational adjustments that should be reflected on the entity's
operational books, but to be expedient, they are done in consolidation.
•
Parent entity - The adjustment or entry updates the balances of the parent entity.
For example, equity pickup. The parent entity needs to write up or down its
investment in a subsidiary based on the subsidiary's profitability.
•
Elimination entity - The adjustment or entry updates the balances of the elimination
entity, which does not affect the operational balances of any of the operating
entities. This is the case for most consolidation-only adjustments such as
intercompany eliminations and minority interest.
All categories having the Output Entity field specified as source entity, must be placed
before the Translation category. This enables the Translation category to pick up all
operating entity data when it runs. All categories that have the Output Entity field
specified as elimination entity or associated parent must be placed after the Translation
category.
Track Each Child Separately
The Track Each Child Separately feature determines the granularity of a consolidation
rule output. If you select Yes, see the organization level granularity in the calculations.
See: Minority Interest, page 7-3
7-4 Oracle Financial Consolidation Hub User's Guide
Note:
Regardless of the output entity, balances are still segregated by
the Created By Object ID for auditing purposes.
Advertisement
Table of Contents
