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Creating a custom Commentary Period member

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We are experimenting with some ideas on ways to add commentary that can be audited. Because we need to see commentary on specific Accounts, we experimented with the idea of using the Period dimension. But I dont think this will work:

a) The period appears to always be locked, even if we try and create a valid intersection

b) Even if it was unlocked, the "Text" data type will not get evaluated because Financials OOB does not have period in the dimension order.

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Given the summary, I am curious on this forum's feedback on other creative ideas

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