Consolidate Values By Steps

You can use this function to perform consolidation of the companies and values that belong to the group(s).

The consolidation is based on the following selections:

  • Actuality and period range
  • OB actuality
  • Consolidation type and group
  • Schedule jobs
  • The period for opening balance cannot be changed, since the selected period and actuality are the determining factors.

Requirements

Before you use Consolidate By Steps, the following requirements should be met:

  • You have to create form sets and update Maintain/Submission/Define for linking form sets, periods and actualities.
  • It is recommended that you enter all sub-units, subsidiaries and group balances relating to the previous year during the first year you consolidate with IBM® Cognos Controller. This means that you avoid differences and obtain a correct investment rate for the currency translation for foreign companies.