Ownership Manager
The Ownership Manager in the Consolidation Central module enables you to create and manage ownership-based hierarchies used for performing statutory consolidations.
An ownership-based hierarchy combines Groups and Entity members, where entities can be differently connected to or disconnected from groups according to Category and Time. Groups are nodes whereas entities are base members.
You define ownership-based hierarchies in the system to set up and report on entity hierarchies that cannot be managed by a fixed hierarchy.
While management reporting entity structures are fixed, and children roll up 100% to their associated parent, ownership-based hierarchies support the legal structure of statutory consolidations that cannot be managed by a fixed hierarchy.
The static hierarchies exist above the ownership-based portion of a hierarchy, which is attached below a base-level member in the static hierarchy. The Groups dimension is used to identify consolidation sequences and for reporting.
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The ownership relationships required for legal reporting may exceed a one-to-one relationship in their reporting structure or they may change frequently.
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There are two scenarios where you should define ownership-based entity hierarchies:
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If a child member is owned by more than one parent
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If the child is partially owned by a parent (not 100%)
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In the Ownership Manager you define an ownership-based hierarchy entity structure. The Ownership Manager allows you to create period-specific hierarchies of corporate entities to use in statutory consolidation, or in cases where hierarchy changes for an application need to be tracked by Category and Time.
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When you set up a Statutory model, the system tracks hierarchies for statutory reporting. Statutory models have an upper-level static hierarchy associated with a Group dimension.
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Ownership-based hierarchies are only available in consolidation type models.
To display the Ownership Manager, select 
Consolidation 
Ownership Manager
.