1. Differences from LCA Standard Features (Unique Strengths)
While you can perform management consolidation using only the LCA standard features, this Budget Consolidation Option offers unique strengths that differ from the standard features.
By using this option, you are not bound by the frameworks of legal consolidation; instead, you can utilize proprietary account structures and consolidation logic for management accounting to rapidly and automatically consolidate 12 months of budget and forecast data.
2. Supported Financial Statements and Tasks
Financial Statements (LCA Standard)
| Financial Statements | Consolidation Unit | Support Availability (Yes: Supported, No: Not Supported) | |
|---|---|---|---|
| LCA Standard | Budget Consolidation Option | ||
| Consolidated PL | Company | Yes | Yes |
| Business Segment | Yes | Yes | |
| Location Segment | No | Yes | |
| Consolidated BS | Company | Yes | No*1 |
| Business Segment | Yes | No*1 | |
| Location Segment | No | No*1 | |
| Consolidated CF | Company | Yes | No*1 |
| Business Segment | Yes | No*1 | |
| Location Segment | No | No*1 | |
*1 Supported by LCA Standard.
Operations
| Operation Type | Consolidation Unit | Support Availability (Yes: Supported, No: Not Supported) | |
|---|---|---|---|
| LCA Standard | Budget Consolidation Option | ||
| Monthly Actuals (Same as legal consolidation) | Company | Yes | No |
| Business Segment | Yes | No | |
| Monthly Actuals (Simpler than legal consolidation) | Company | Yes | Yes |
| Business Segment | Yes | Yes | |
| Location Segment | No | Yes | |
| Budget | Company | Yes | Yes |
| Business Segment | Yes | Yes | |
| Location Segment | No | Yes | |
| Forecast (Includes budget/actual analysis) | Company | Yes | Yes |
| Business Segment | Yes | Yes | |
| Location Segment | No | Yes | |
| 3-Year Medium-Term Management Plan | Company | Yes | No |
| Business Segment | Yes | No | |
| Location Segment | No | No | |