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Does HFM provides default equity elimination?

3750560
3750560 Member Posts: 18
edited Aug 10, 2020 10:12AM in Financial Consolidation

Hello Everyone,

Does HFM provides default equity elimination?

Thanks

Ali

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Answers

  • CBarbieri
    CBarbieri Member Posts: 1,011 Gold Trophy
    edited Aug 10, 2020 10:12AM

    No, it does not. You have to design your own solution. This wlll depend on your metadata: accounts, entities, and your application's entity relationships, custom dimensions, and whether your equity accounts are set up to be inter-company or not. If you need help I suggest you engage an experienced consultant who can design the solutions including the rules.

    - Chris