Option to choose additional scope while posting journal
Challenge: User has to copy journals to reflect the journals to multiple scopes Detail: The system currently designed to post journals to a particular scope by considering different accounting standards (IFRS, US GAAP) and currencies for different...
Equity reclassification and reflection to Investment Register
Challenge: Manual effort to reclassify accounts and no single place to view all the investments Detail: Period1: Investor originally invested 200K to Investee (Subsidiary). Period2: Investee booked 15K as current period retained earnings. Period2:...
Various imported manual journal entries should be organized in different subfolders.
The import folder for manual jourmal should allow subfolders so that journals from different departments can be placed in different folders.
There is currently no option to navigate to subfolders in the import folder. The selection box in the "...
Posting Journal- Balance Constraint not aligned with Consolidation Rule
Current Challenge: Troubleshooting/ tracking the data is nightmare Root Cause: When a user create a manual journal entry and try to post the journal system throws error message "Invalid" with balance constraint "Legal Entity" and allows to post ev...
More advanced filter options for Posting Journal Financial Consolidation Report
It would be useful to have additional options for filtering Journal entries, specifically the following categories: "Balance Constraint" "Created By" "Modified" "Modified By" "Posted By" "Legal Entity" All of these labels are shown in the "Posting...
Allow Sub-consolidation journals using manual consolidation to be automatically reflected in Total Group level.
Sub-consolidation journals using manual consolidation are not reflected in Total Group level. The user expectation is to automatically apply all manual journal entries (Adjustment 1, Transition, Correction or manual consolidation entry) to all sup...
Extend the storage to capture reporting positions for the notes (text narratives and tabular information) which cannot be captured by the existing cubes. Provide sample data and reports for the most common notes sections.
Users would benefit from an easy way to set up custom data validations, similar to the setup of consolidation rules. E.g. the amount on a PnL Account needs to match a movement on a BS Account.
Storage, input screens and import interface for data by operating segments, geographical areas and other custom dimensions in the Finanical Consolidation model
The database should be extended by a storage of data in local charts of accounts by operating segments, geographical areas and other custom dimensions. Data should be captured from input screens.