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Overview
A consolidation rule is a user-defined mechanism that enables you to automate the
creation of consolidation entries during consolidation processing. Typical examples of
entries generated by consolidation rules include the following:
•
Minority interest
•
Equity accounting
You can also use consolidation rules to calculate acquisition and disposal entries. This
chapter will focus on rules in the Minority Interest and User-Defined categories.
Acquisition and Disposal rules will be discussed in a later chapter. See: Creating
Consolidation Entries, page 17-4
Selected User Interface Elements for Setting Up Consolidation Rules
The following are selected user interface elements for setting up consolidation rules.
Category
Financial Consolidation Hub assigns a consolidation rule to a category. This determines
when to run the rule and where to write the results. The application runs consolidation
rules in the same category simultaneously. You can apply consolidation rules to the
Acquisition and Disposal, Minority Interest, and User-Defined categories.
See: Category Definitions, page 7-2
This section will focus on Minority Interest and User Defined categories. For
information on the Acquisition and Disposal category, see Creating Consolidation
Entries, page 17-4.
Setting Up Consolidation Rules
Setting Up Consolidation Rules 9-1
9
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