Hello,
I am using the Eliminations & Adjustment rule to post Intercompany Elimiantions, in a Legal Consolidation Scenario in BPC 10.0NW.
During Testing, it has come to my attention that if a certain Entity does not have any rule-generated postings in the period used for creating Opening Flow balances (in my case, Dec of the prior year), then any Opening Flow posting related to the source data is NOT eliminated in the rule posting.
I came across this in the following situation:
- Closing balances for all balance sheet accounts were loaded to Dec 2010; no processing was done in that period, as the data was loaded in both LC and USD (consolidation currency), and was considered correct as closing balances
- Closing balances for all accounts loaded to Jan 2011, translation occurs, and Intercompany Eliminations post. F_CLO is the closing flow; F_OPE (opening flow), F_TRN (custom flow for individual account translation diffs), and F_VAR (calculated to make the total balance) make up the calculated Total flow.
- Only F_CLO and F_OPE have any value in the FLOW_TYPE property
In this situation, Jan 2011 eliminations correctly posted to the F_CLO, F_TRN and F_VAR flows, but nothing was posted against the F_OPE flow, thereby throwing the Calculated Total for the eliminations posting out of balance.
I then received information that I needed to have eliminations postings in Dec 2010, in order for there to be an F_CLO value in that Audit member in Dec 2010, so that the program in Jan 2011 would know there was an opening balance, and account for it correctly. This did indeed work.
HOWEVER, that now begs the question: what happens when I chance an Entity's Group designation in the current year? This would mean that no closing balance in the new group would exist, hence no opening balance in the new group. And I'm right back in the same boat.
QUESTION: Must I a create a new, designated Flow member to handle these situations, and if yes, how does the program know which flow to use? Is there a special FLOW_TYPE value that must be included for this? I have found no information on this.
Please note: currently NO consolidation of investments rules are being used, only intercompany eliminations.
Thanks for any help,
Valerie