Creating and Configuring Reporting Entities
Last updated on 2025-07-08
Overview
Reporting entities are elements to which postings can be made. Reporting entities are used as organization units when setting up group structures.
This article contains the following sections:
Creating Reporting Entities
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:
Create a reporting entity - Specify the name of the element.
- Choose the start of the fiscal year from the drop-down list.
- Choose the default currency in the drop-down list, in which the transactions of the reporting entity are to be executed.
- Click Save.
Option
Description
Start of the fiscal year
If necessary, choose a new start of the fiscal year
Default currency
The currency, in which the transactions of the reporting entity are to be executed.
Partner
Assignment to one or more partners
The assigning of partners to reporting entities takes place in the detail view of the respective partner (see section Creating and Configuring Partners).
Cost centers tab
If no default cost center has been created yet, a default cost center can be created via the Create default cost center link.
Currency translation tab
Allows you to add exchange rates
All the exchange rate tables that have been created in the Currency translation workspace can be selected (see Creating and Configuring Exchange Rate Tables).
The The changes shown in red will take effect only after exporting and importing the database message is displayed when adding and deleting exchange rate tables. This means the changes are not activated until you reimport the current database. If necessary, contact your Lucanet administrator.
Carry forward account tab
- Specify an account and a transaction type for the cancellation of the carry forward during when importing cumulative balances.
- If necessary, activate the check box Activate historical exchange rate translation,to activate the automatic translation of historical exchange rates for the next balance import. This option is only available if at least one active exchange rate table is assigned to the reporting entity.