Task 

Definition

Consolidation step in the system from the accounting perspective.

Use

You can define tasks for the different business consolidation processes in your company.

For statutory consolidation, you specify that interunit elimination is to be executed using the following tasks:

§         Elimination of IU payables and receivables

§         Elimination of IU revenue and expense

§         Elimination of investment income

Structure

Task Categories

The following task categories are available:

Task Category	Name
05	Balance Carryforward
07	Period Initialization
10	Data Collection
20	Copy
25	Reconciliations
35	Manual Posting
40	Currency Translation
50	Consolidation Group Changes
55	Interunit Elimination
60	Elimination of IU Profit/Loss in Transferred Inventory
70	Consolidation of Investments
73	Posting of Group Shares
75	Reclassification
80	Allocation
85	Validation
90	Custom

Task Groups

You can assign tasks to task groups. You can execute task groups in the Consolidation Monitor.

You can define a task group with the following tasks:

§         Balance carryforward

§         Data collection

§         Manual standardizing entries

§         Currency translation

Task Hierarchy

For the characteristic task there is only one hierarchy with links that depend on the version, effective year, and effective period. That is, there is exactly one root node on which the overall status of the task is managed in the consolidation monitor. The end nodes of the hierarchy are tasks, while the nodes are task groups.

You can execute all tasks of a task hierarchy in the consolidation monitor.

Time Dependency of Tasks and Task Groups

A task can be executed if the specified period is a consolidation period. When a task is executed, the system determines the associated method and document type.

Integration

Relationship between Tasks, Document Types, and Methods

In Customizing, you can assign one or more document types to a task if you want. A document type can be used in no more than one task.

The following table shows the relationships between:

·        Tasks and document types

·        Tasks and methods

Task	Task : Document Type	Task : Method
Balance carryforward	-	1 : 0 or 1 : 1
Data collection	-	1 : n (n ≠ 0), Assignment per consolidation unit possible
Copy task	-	1 : n (n ≠ 0), Assignment per consolidation unit possible
Manual posting	1 : n (n ≠ 0)	-
Currency translation	-	1 : n (n ≠ 0), Assignment per consolidation unit possible
Validation	-	a) For reported financial data and standardized financial data: 1 : n (n ≠ 0), Assignment per consolidation unit possible b) For consolidated  data: 1 : 1, no assignment possible
Consolidation group change	1 : n (1 ≤ n ≤ 6)	-
Interunit elimination	1 : 1	1 : 1
Reconciliations	1 : 1	1 : 1
Elimination of IU profit/loss in transferred inventory	1 : 1	-
Reclassification	1 : 0 or 1 : 1	1 : 1
Allocation	1 : 1	1 : 1
Consolidation of investments	1 : 1	-

The tasks (and methods) are linked to a consolidation area.

Assigning Methods to Tasks

For information on this topic, see the section on Method.