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Configurable Consolidation rule and Standard Eliminations of FCCS

edited Oct 17, 2019 2:46PM in Financial Consolidation and Close 6 comments

Content

Dear All,

I know FCCS has a "Periodic" engine. So I want to describe my "scenario" and my needs: I loaded data from HFM in "entity currency" for all my entities, I have also a dummy entity that reflects the consolidated Group Entity data from HFM. This one is the only entity that has a consolidation % of 100 and a consolidation method of Holding, so I can see the consolidated data on Total Geography. In this way I migrated all the historical data that I need and from now I have to consolidate using FCCS engine.

In this case I loaded all historical data from Jan 2018 until May 2019 with Consolidation % of 0, but I know that I have not Opening balance in Proportion, Elimination and Contribution. When I set up the Consolidation % at 100 in June I can see value now in the Consolidation dimension for all the entities but it considers only the periodic value of June because only in June the Consolidation % is 100%. Instead, I would like to have the YTD amount of June in Proportion, Elimination and Contribution, not only the periodic value. Is there a way to force the Configurable Consolidation rules or the standard elimination ICP to

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