Help & Support ↗ Lucanet Learning Space ↗
Getting Started
Global Functions
Administration
Extended Planning & Analysis (xP&A)
Consolidation & Financial Planning
User Interface of Lucanet Consolidation & Financial Planning
General Functions
Basic Configuration
Dashboards
Reporting & Analyzing
Import and Journals
Planning
Consolidation
Consolidation 1
Consolidation 2
All Steps at a Glance
Basic Elements
Defining the Group Structure
Consolidation Dimensions and Consolidation Dimension Elements
Consolidation Areas and Units
Administrating Master Data
Creating Consolidated Financial Statements
Creating and Configuring Data Transfer and Proportioning
Creating and Configuring Consolidation Apps
Executing the Consolidation
Dimensions
Excel-Integration
Workspace Configuration
ESG Reporting
Disclosure Management
XBRL Tagger
Lease Accounting
Banking & Cash Management
Data Collection
Tax Compliance & Reporting
Glossary

Defining the Group Structure

Overview

A group includes the totality of all units to be consolidated.

The group structure is defined using the following consolidation components:

Consolidation dimension and consolidation dimension elements

  • The consolidation dimension acts as an important link: It connects your existing organization elements with the consolidation areas. Organization elements represent, e.g., companies, business units, segments or cost centers.
  • The consolidation dimension defines whether the consolidation is to take place by companies, by business units or according to another scheme.
  • All similar consolidation dimension elements are summarized in a consolidation dimension.
  • During configuration, consolidation dimension elements can be linked to the organization elements of the single-entity financial statements by a unique reference. For the consolidation, the consolidation dimension elements adopt the data from the organization elements.

Consolidation areas

  • The consolidation area defines a group or sub-group. The default consolidation unit of this consolidation area prepares consolidated financial statements for all consolidation units included - regardless of whether this is prepared for internal reporting purposes or due to legal regulations.
  • Consolidation is executed within these consolidation areas.
  • A consolidation unit is defined as a consolidation dimension element within a specific consolidation area (values from the referenced organization elements are transferred to the consolidation areas with the app for Data transfer and proportioning.
  • A single consolidation dimension element (e.g., a company) can be included in multiple consolidation areas.

In a legal consolidation, the consolidation dimension Legal consolidation contains all legal units (companies) as consolidation dimension elements.

During a consolidation of segments, the consolidation dimension Segments contains all business units as consolidation dimension elements.

Creating a Group

Do one of the following to create a group in the Groups workspace:

  • Select the Groups root folder and choose Create | Group from the context menu.

    Creating a group via the context menu

  • Click Create group in the detail view of the workspace.

    Creating a group from detail view

Enter a name for the element and click Save.

The group is created, and the following non-deletable subfolders are created automatically:

  • Consolidation dimensions with the predefined consolidation dimension for Legal consolidation
  • Consolidation areas
Displays the Groups workspace A newly created group with the automatically generated elements consolidation dimensions, legal consolidation, consolidation areas is highlighted in color.
Group created

Deleting or Editing a Group

To delete a group, right-click the desired element and select Delete from the context menu.

If you want to edit the name of a group, click Edit in the detail view of the element.

Shows the top part of the detail view of a group. The 'Edit' button is highlighted
Edit group

Last updated on Aug 16, 2023

Table of Contents
Defining the Group StructureOverviewCreating a GroupDeleting or Editing a Group

Company

Legal Notice

© Copyright 2026 - Lucanet AG