Information required in order to perform consolidation. Additional financial data provides information concerning changes in investments and investee equity, and also concerning goods supply and service relationships.

In the component Consolidation (EC-CS), additional financial data is required for the consolidation of investments and the elimination of interunit profit/loss in transferred inventory (IPI).

During IPI, the book value of inventory and the group cost of goods manufactured are determined from the additional financial data. The basis for this calculation is standardized financial data, in which incidental acquisition costs requiring capitalization are taken into account.

To enter additional data, you select the function for data transfer/entry in the data monitor and choose Update run. From the following screen, you can access data entry functions for both reported financial data (balance sheet, income statement) and additional financial data. You select the type of data that you want to enter and make the appropriate entries on the following screen. In the Info System, you can create reports specifically for additional financial data.

To enter additional data, you select the function for data transfer/entry in the data monitor and choose Update run. You select the function for entering either inventory or supplier data for IPI and make the appropriate entries.

The inventory and supplier data is valid effective as of the entry period until you make any adjustments to reflect changes in the supply relationship. This minimizes the effort required for entering data.