Corporation Switch User Manual

Setting Up Consolidation Rules 9-3
Seeded Tokens Used with the Minority Interest and User-Defined Categories
Token Description
ELIMTB Elimination Entity Balances
CHILDTB Child Entity Balances
%OWN Ownership Percentage at Consolidation
%MI Minority Interest Ownership Percentage
Formula Scope
The formula scope identifies the source and target accounts for the formula.
Source
You can restrict source values by dimension. You can specify valid values from a list of
all possible values or from a hierarchy. Each account that meets the source requirements
is used in the calculation.
Target
You specify the dimension values of the account to which the consolidation entry is
written. For each dimension, the user specifies a specific value, otherwise the system
uses the same value as the source account.
Offset
You can specify an offset account if you did not specify the same as source option for
any target values. If you specify an offset account, then an offset balance is written to
the offset account to balance any consolidation entries created by the rule step.
Balancing a Consolidation Rule
Each consolidation rule is checked to see if it produces balanced entries. You can design
consolidation entries to balance or optionally use the offset functionality to
automatically balance the consolidation rule for you. If the consolidation rule is not
balanced, Financial Consolidation Hub uses the suspense handling defined for the
applicable consolidation hierarchy.
See: Setting Up Consolidation Hierarchies, page 13-2
See: Creating Consolidation Hierarchy Structures, page 13-6