Configuring Additional Master Data

At ABC Corporation, you’ve completed the setup of consolidation groups, consolidation units, and FS items. However, you need to adapt other dimensions to meet your business requirements. Fortunately, you can maintain additional master data types for consolidation use, such as business area, segment, profit center, and customer group. The additional master data types are also referred to as dimensions and characteristics.

In group reporting, you can control the master data, hierarchy, aggregation, matrix consolidation, and reporting behavior of the additional dimensions.

You can make the following settings in the Define Consolidation Master Data Fields configuration activity:

1. Enable Inputs: Allows postings via group journals and automatic tasks such as currency translation.
2. Enable Master Data: Allows maintenance in the Define Master Data for Consolidation Fields app.
3. Enable Hierarchy: Permit hierarchies for group reporting.
4. Enable Hierarchy Elimination: Enable dynamic eliminations for matrix consolidation.
5. Aggregate on Balance Carryforward: If selected, this field is aggregated when running balance carryforward. For example, if cost center is selected, it will be blank in the new year.
6. Aggregate Data on Release: If selected, this field is aggregated when releasing documents from accounting.