Creating and Configuring Reporting Entities

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

Dimensions

Organization Elements

Currency Translation

Partner

Data Levels

Adjustment Levels

Transaction Types

Fiscal Years

Reporting Entities

Creating and Configuring Reporting Entities

Creating and Configuring Consolidation Reporting Entities

Creating and Configuring Cost Centers and Cost Center Groups

Creating and Configuring Total Lines

Configuring Values of Attributes

Excel-Integration

Workspace Configuration

ESG Reporting

Disclosure Management

XBRL Tagger

Lease Accounting

Banking & Cash Management

Data Collection

Tax Compliance & Reporting

Glossary

Reporting entities are elements to which postings can be made. Reporting entities are used as organization units when setting up group structures.

To create a reporting entity:

Right-click a folder and choose Create | Reporting entity from the context menu . The Create Reporting Entity dialog is displayed:

Specify the name of the element.

Select the start of the fiscal year and the default currency in which the transactions of the reporting entity are to be executed.

Click Save.

The dialog for editing a reporting entity is displayed. — Edit a reporting entity

To configure a reporting entity:

Click a reporting entity in the tree view.

Click Edit at the top right to open the editing mode.

When configuring a reporting entity, the following options are available:

Option	Description
General area	- Start of the fiscal year: Allows selection of the first month of the fiscal year - Default currency: Allows selection of the currency in which transactions of the reporting entity will be executed - Partner: Partners can be assigned to reporting entities in the detail view of the respective partner (see Creating and Configuring Partners).
'Cost centers' tab	- Create default cost center: Creates a default cost center if none exists - Balance sheet planning per cost center: Accumulates planning values at the individual cost center level instead of using the default cost center
'Currency translation' tab	Allows selection of exchange rates created in the Currency Translation workspace (see Creating and Configuring Exchange Rate Tables) Note: The message The changes shown in red will take effect only after exporting and importing the database is displayed when adding or deleting exchange rate tables. This indicates that the changes will not take effect until the current database is re-exported and re-imported. If needed, contact your Lucanet administrator.
'Carry forward account' tab	- Allows selection of an account and transaction type for the cancellation of the carry forward when importing cumulative balances - Activate historical exchange rate translation: Allows automatic translation of historical exchange rates for the next balance import Note: This option is only available if at least one active exchange rate table is assigned to the reporting entity.