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What dimensional hierarchy should be selected when running intercompany reports from a legal perspective?
When running intercompany reports from a legal perspective, the 'Company code' dimensional hierarchy should be selected. This is because company codes represent the legal entities within the organization and are the basis for external financial reporting.
What could be the problem if you cannot release data?
Note: There are 2 correct answers to this question.
You cannot release data if company codes are not mapped to consolidation units or if the period is closed in group reporting. Both of these conditions prevent the release of data for consolidation.
What dimensions can be used in an intercompany report to provide a consolidation view?
Note: There are 2 correct answers to this question.
In an intercompany report, the dimensions 'Consolidation unit eliminated' and 'Consolidation unit' can be used to provide a consolidation view. The 'Consolidation unit eliminated' dimension shows the elimination entries, while the 'Consolidation unit' dimension displays the data for each consolidation unit involved in the intercompany transactions.
What dimensions can be used in a hierarchical elimination?
Note: There are 2 correct answers to this question.
What does balance carry forward do?
Balance carry forward in group reporting carries forward reporting FS (Financial Statement) items to the same FS item as in the previous year by default unless otherwise specified. This ensures that the opening balances for the new fiscal year are correctly set based on the closing balances of the previous fiscal year.