Setting Up Calendar Maps; Overview - Oracle Financial Consolidation Hub User Manual

Overview

A calendar map is a user-defined mechanism that defines the relationship between the
periods of two different calendars. The calendar map is used during consolidation
processing when the operating entity calendar is different from the consolidation
hierarchy calendar.
You assign each consolidation hierarchy a consolidation calendar. If an operational
entity has trial balances based on a different calendar, you define a calendar map to
relate the two calendars.
You define a calendar map between the periods in a source calendar and a target
calendar. A period represents a range of time, such as month, quarter, or year. A
calendar map is defined for the first year and then used for all subsequent years. You
can map multiple source periods into the same target period.
You define a calendar map for the first year and Financial Consolidation Hub
extrapolates the appropriate mapping for subsequent years.
Mapping Example
Suppose that an operating entity uses a 13 period monthly fiscal calendar, while
consolidation results are in a standard 12 period monthly accounting calendar. You can
define a calendar map to convert the fiscal calendar to the accounting calendar.
The fiscal calendar, Fiscal, has the following format for 2004. Each year follows the same
pattern.
Period Name
Apr-04

Setting Up Calendar Maps

Data Range
Apr 2, 2003 to Apr 30, 2003
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Setting Up Calendar Maps 11-1