Thank you for supporting the Cloud Customer Connect Community in 2024. It's a gift to work with you!

Look back
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Data differences after moving entities to new parent – FCCS_CTA system account

in Financial Consolidation and Close 1 comment

Summary:

FCCS version 23.05.70

We moved EURO currency base entity members from a GBP entity parent TO newly created EURO entity parent and loaded metadata using ‘clear method’ to remove entities under old entity parent to view data under new entity parent...

Followed below steps:

-Unlocked ALL prior periods/years

-Synchronized Approvals Unit for new entity parent

-Update Consolidation Ownership % for new Parent and base entities moved [all are 100% owned]

-Recomputed Consolidation Ownership % data

-Consolidation Ownership % Data copied to next financial years

-Consolidation run for ALL prior periods/years

-Validate data after changes between environments ie Development / Production

Data validation has discrepancies generated by the FCCS_CTA system account from 1st period/year – this same variance is constant up to our current period/year.

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!