By setting up master data in line with the budget cycle, you can start using this option right away.
You will use the Budget Consolidation Option masters and the LCA Standard masters.
1. Operation Cycle
The Budget Consolidation Option masters are set in the order of the operation cycle classifications.
For companies, segments, operations, and periods, you will configure the LCA Standard masters.
| Classification | Settings | Considerations | Notes |
|---|---|---|---|
| 01_Operation Cycle | Data "frame" and "period" | - Which data should be set as the initial default for input? - Which data should be referenced for input? | Some LCA Standard master settings are required. |
| 02_Automatic Processing Settings | Calculation "conditions" | - Consolidation units (Corporate/Region/Segment)? - Required processes (currency translation, intercompany transaction elimination, etc.)? - Use of scenarios? | |
| (Company/Segment) | Consolidation "unit" and "scope" | - Which companies are subject to consolidation? - Analysis segments (Business/Region)? - How to define company-segment mapping? | LCA Standard master settings required |
| 03_Account | "Account" and "attribute" for consolidation | - Which accounts to use for the Budget Consolidation Option? - Which accounts to use for intercompany transactions and inventory counts? | |
| 04_Ownership Ratio | Subsidiary "ownership ratio" | - Ownership ratio per subsidiary? - Vary ratios by scenario? | |
| 05_Translation Rate | "Exchange rate" for foreign currency translation | - Rates to use for budgeting? | |
| 06_Intercompany Transaction | "Reconciliation rule" and "elimination method" | - Which accounts to reconcile? - Adjustment rules for mismatches (e.g., credit-side priority)? | |
| 07_Allocation | "Allocation rule" for common expenses | - Which accounts to allocate? - Methods for allocation? |
2. Screen Image of Budget Consolidation Option Master
You can operate the Budget Consolidation Option masters with the same feel as the LCA Standard masters.
Example: 01.1_Operation Cycle Master (BCO)