Executing the Consolidation

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

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

Different options are available for executing the consolidation and for creating the respective consolidation postings. You can:

Execute individual consolidation apps

separately

Execute multiple consolidation apps

jointly in a so-called executable folder

Execute entire

consolidated financial statements

including all child elements

Note for customers who have used apps of the Consolidation 2 or Consolidation 2 Next Generation in Lucanet.Financial Client

For information on the apps supported in the CFO Solution Platform, please read the Notes on Migration from Lucanet.Financial Client.

Once you have created and configured an app in the Consolidated financial statements workspace, you can execute the app. Do one of the following:

In the upper right corner of the editing dialog of the app, click Execute:

Executing the app from the detail view

In the overview table in the Consolidated financial statements workspace, click Execute in the Actions column.:

Executing an app in the overview table

To maintain an overview of a large number of elements, any number of executable folders can be created in the Consolidated financial statements workspace for better structuring.

In executable folders, several Consolidated financial statements elements and/or consolidation apps can be combined and executed.

Executable folders can be created under the following elements:

Consolidated financial statements

root folder

Consolidated financial statement

elements

Executable folder

This is how you group elements in a folder in the Consolidated financial statements workspace and execute them:

In the structure view, select the element under which you want to create the executable folder and choose Create | Folder from the context menu.

Enter a Name in the Create folder dialog and select a desired Behavior if there should be an error during execution of the folder:

Continue execution

Cancel execution

Save the executable folder.

Paste the elements to be summarized into the folder. Do one of the following:

Add existing elements using the menu commands

Cut

and

Paste

Create new elements in the folder using the

Create

context menu command.

Execute the folder and all elements contained in it by clicking Execute folder in the Actions column in the overview table.

Shows the overview table in the 'Consolidated financial statements' workspace. The option 'Execute folder' is marked — Execute folder

After preparing the consolidated financial statements in the Consolidated financial statements workspace, you can execute the entire consolidated financial statements including all contained elements (apps or executable folders).

To do so, click Execute consolidated financial statements in the Actions column in the overview table.

Shows the overview table in the 'Consolidated financial statements' workspace. The option 'Execute consolidated financial statements' in the 'Action' column is tagged. — Execute consolidated financial statements

Whether an app, an executable folder or consolidated financial statements have already been executed and whether the execution was successful is shown in: