Automatic Cancellation in the First Planning Month

Last updated on 2025-07-08

Overview

In the Import and Journals workspace, automatic cancellation of postings in the first month of the planning data levels can be configured in the journal of a consolidation reporting entity with a posting of type Automatic cancellation in the first planning month. A cancellation is necessary to prevent already consolidated figures from being consolidated again during consolidation in the planning data level.

Creating the 'Automatic Cancellation in the First Planning Month' Posting

The posting Automatic cancellation in the first planning month is created automatically in the journal of a consolidation reporting entity if the actual data level contains elimination of intercompany debt wizards or inventory consolidation wizards that post to the last month before the beginning of the planning data level.

Additionally, one of the following actions must be performed:

Action

Also perform cancellation in planning

Synchronize planning data level with actual data level

For new lines, cancellation is activated automatically in the planning data level.

Creating a planning data level without template

For all lines, cancellation is activated automatically in the planning data level.

Creating a planning data level with template

For lines that already exist in the template, the configuration is copied from the template.

For new lines, cancellation remains deactivated in the plan.

Configuring the 'Automatic Cancelation in the First Planning Month' Posting

To configure automatic cancellation in the first planning month:

  1. If necessary, navigate to the Journals workspace.
  2. From the drop-down lists in the tree view, choose a planning data level and a consolidation reporting entity.
  3. Select the posting Automatic cancellation in the first planning month in the tree view.
  4. Click Edit to open the editing mode.
  5. The detail view of a posting of the type Automatic cancellation in the first planning month is displayed as follows, for example:
    Posting 'Automatic cancellation in the first planning month'
  6. If necessary, configure the posting (see following section).

 

Options in the 'Automatic Cancelation in the First Planning Month' Posting

The following options are available in a posting of the type Configure automatic cancellation in the first plan month.

Option

Description

Postings in actual data level

Also perform cancellation in planning: Activate the check box for postings to be canceled in the first month of the planning data level.

Update list now and execute cancellation in the planning

Click Update list now and execute cancelation in the planning to execute the cancelation.

The link Update list now and execute cancelation in the planning is only available when the posting is not (or no longer) in editing mode.

Synchronize planning data level with actual data level

If necessary, click Synchronize planning data level with actual data level to synchronize the planning data level with the actual data level (see section Synchronizing Planning Data Levels).

The link Synchronize planning data level with actual data level is only available when the posting is not (or is no longer) in editing mode.