Building Selection Objects

Objectives

After completing this lesson, you will be able to:

  • Maintain selection objects

Selection Objects

A selection object groups a range of consolidation master data, usually FS items, by using various filter criteria. The defined selections can then be reused in consolidation-related settings, such as validation rules, reclassification methods, currency translation methods, and breakdown categories.

The select expression includes posting levels and document types

Selection Object - Key Points

  • Selection objects are used to:
    • Select the opening balance for non-historical balance sheet items.

    • Select elimination items for all trading partners (partner unit).

  • Selection objects are delivered and you can create your own.

  • One selection object can be used in multiple methods. This lowers the cost of maintenance.

  • Attributes can be used in selection objects.

In the following example, you can see how FS items assignments to methods are decoupled by using attributes and selection objects:

  1. Attributes are assigned to FS Items.
  2. Attributes are assigned to selection objects.
  3. Selection objects are assigned to methods.

    As a result, you can switch FS items used in a method by changing the selection object. In this way, you avoid having to change and transport a change to the method.

the currency translation selection is assigned to fs items. The selection object includes the currency translation selection. The selection object is assigned to the currency translation method selection

Creating Selection Objects

Business Scenario

At ABC Corporation, you need to create a selection object for the reclassification method.

What skills will you develop in this practice exercise?

  • Create a new selection object
  • Assign FS items

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