Executing the Consolidation

Overview

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.

Executing a Consolidation App Separately

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  

 

Combining Consolidation Apps and Executing Them Together

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:

  1. In the structure view, select the element under which you want to create the executable folder and choose Create | Folder from the context menu.
  2. 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
  3. Save the executable folder.
  4. 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.
  5. 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
Executing Consolidated Financial Statements

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
Viewing the Execution Status

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

The upper right corner of the detail view of the app: 

Shows the upper area of the detail view of an app. The shown execution state is marked.
Execution status in the detail view

In the overview table in the Consolidated financial statements workspace in the column Status:

Shows the overview table in the 'Consolidated financial statements' workspace. The column 'State' is highlighted
Execution status

Following statuses are possible:

  • Not executed: The element has not been executed or all created elements of an already executed app have been deleted.
  • OK: The element and, if applicable, all child elements were executed successfully.
  • Error: An error occurred during execution.
  • Canceled: Execution has been canceled manually by the user.

 

In the column Last execution, you can also see which user executed the element for the last time.