Data Collection 

Purpose

Consolidated financial statements are created on the basis of financial data reported by individual consolidation units. The Consolidation system needs to collect this data before you can perform the other consolidation tasks.

Features

With this component you can collect the following types of data:

·        Reported financial data

·        Additional financial data

·        Master data

You have the following options for collecting data:

	Collection of Reported Financial Data	Collection of Additional Financial Data	Collection of Master Data
Manual data entry with data entry layouts	X	X
Flexible upload	X	X	X
Load from data stream	X	X
Copy, periodic	X	X
Delete, periodic	X	X
Copy, nonperiodic	X	X
Delete, nonperiodic	X	X

You can use manual posting :

§         To adjust the reported financial data (with posting level 01)

§         To post standardizing entries to the (adjusted) reported financial data (with posting level 10)

You can run manual posting from within the data entry task.

In customizing of the data collection task, you assign a data collection method to each consolidation unit.

In Customizing for a copy task, you can assign a copy method to any consolidation unit.

You execute data collection tasks and copy tasks in the consolidation monitor. You can execute tasks for a single consolidation unit or for an entire consolidation group.