Consolidation Dimensions and Consolidation Dimension Elements

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

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.

The consolidation dimension element itself does not contain values in the form of figures or the like; it primarily determines the configuration of the consolidation dimension element with regard to partners and currency.

To be able to create consolidation dimension elements, you must first create the corresponding consolidation dimension.

Do one of the following:

Right-click the

Consolidation dimensions

folder in the tree view and choose

Create | Consolidation dimension

from the context menu.

Select the group under which the consolidation dimension is to be created and click

Create consolidation dimension

in the detail view.

Enter a name for the element and click Save.

When creating a new group, the consolidation dimension Legal consolidation is automatically created, which can be deleted or renamed as required.

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

To edit the name of a consolidation dimension, click Edit in the detail view of the element.

To create one or several consolidation dimension elements:

Select the consolidation dimension under which the consolidation dimension element is to be created in the structure view and choose one of the following options:

From the context menu, select

Create | Consolidation dimension element

In the detail view, click

Create consolidation dimension element

.

The

Create consolidation dimension element

dialog is displayed as follows:

In the drop-down list, select the organization element(s) that you want to reference as consolidation dimension elements and click Apply selection.

Select if you want to Create and assign a partner automatically.

If you do not activate the option, you can subsequently create the partner manually and/or assign it to already created partners (see Deleting or Editing Consolidation Dimension Element).

Click Save.

The consolidation dimension elements are created and the detail view of the consolidation dimension is shown as follows, for example:

Displays the detail view of a configured consolidation dimension with added consolidation dimension elements — Details of a configured consolidation dimension

If a consolidation dimension element is incompletely configured, because, for example, no partner could be adopted from the referenced organization element, the icon of the consolidation dimension element is displayed in the tree view with a warning triangle .

You can complete the details by editing them as described in the following section.

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

To edit the details of a consolidation dimension element, click Edit in the detail view of the element. The following details can be edited:

Displays the detail view of a consolidation dimension element in edit mode. The editable fields name, currency, partner, referenced element are highlighted. — Edit details of a consolidation dimension element

Last updated on Aug 16, 2023

Consolidation Dimensions and Consolidation Dimension Elements

Overview

Creating a Consolidation Dimension

Deleting or Editing a Consolidation Dimension

Creating a Consolidation Dimension Element

Deleting or Editing a Consolidation Dimension Element

Consolidation Dimensions and Consolidation Dimension Elements

Overview

Creating a Consolidation Dimension

Deleting or Editing a Consolidation Dimension

Creating a Consolidation Dimension Element

Deleting or Editing a Consolidation Dimension Element

Table of Contents

Company

Legal Notice