Consolidate YTD

The periodic or YTD consolidation of values is a matter of sequence. Note that the following discussion applies to Flow accounts (Income, Epense and Flow t!pes". #hen $onsolidateYTD flag of the scenario dimension is chec%ed, &F' first consolidates the YTD values of accounts and then calculates the periodic values at the consolidated (group" level. $onversel!, when $onsolidateYTD flat is unchec%ed, &F' first consolidates periodic values of accounts and then at consolidated (group" level it forms the YTD amounts. In )oth cases, whether !ou have loaded periodic or YTD values is irrelevant. The consolidation happens with the sequence descri)ed in each case a)ove. *o, !ou thin% +whats the difference-+. In fact there is no difference until !ou introduce a new su)sidiar! in the middle of the !ear. In this case !ou need to consolidate onl! the periodic values of accounts, starting on the month that the su)sidiar! was introduced to the group structure. If !ou dont the accumulated amounts from previous periods (YTD values" will consolidate, which !ou dont want. For eample !ou introduce a new su)sidiar! during 'arch. /ntil 'arch the YTD value of sales was 011. During 'arch the periodic value is 21, therefore the YTD sales for 'arch is 021. You dont want to consolidate 021 since !ou did not own the compan! during the previous months. You need to consolidate onl! 21. In order to do this !ou have to populate the flow accounts for at least Fe) so that &F' will calculate the periodic value for 'arch correctl!. In this case the contri)ution of the new su)sidiar! to the consolidated sales account for 'arch is 21.