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.

Example Example

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

  • Elimination of interunit payables and receivables

  • Elimination of interunit revenue and expense

  • Elimination of investment income

End of the example.

Structure

Task Categories

The following task categories are available:

Task Categories

Task Category

Name

05

Balance Carryforward

07

Period Initialization

10

Data Collection

20

Copy

25

Reconciliations

35

Manual Posting

40

Currency Translation

45

Capitalization and Valuation Allowances

50

Consolidation Group Changes

55

Interunit Elimination

60

Elimination of Interunit Profit/Loss in Transferred Inventory

65

Elimination of Interunit Profit/Loss in Transferred Assets

70

Consolidation of Investments

73

Posting of Group Shares

75

Reclassification

80

Allocation

85

Validation

90

Custom

95

Sign-Off Task
Task Groups

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

Example Example

You can define a task group with the following tasks:

  • Balance carryforward

  • Data collection

  • Manual standardizing entries

  • Currency translation

End of the example.
Task Hierarchy

For the characteristic Task, there is only one hierarchy with edges 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.

For more information, see Task Sequence.

Time Dependency of Tasks and Task Groups

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

You can assign the consolidation frequency for each task individually, or you can assign the consolidation frequency globally by assigning it to the version combination.

Integration

Relationship between Tasks, Document Types, and Methods

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

The following table shows the relationships between a task and its document type and method:

Relationship Between a Task and Its Document Type and Method

Task

Task: Document Type

Task: Method

Balance carryforward

–

1 : 0 or 1 : 1

Data collection

–

1 : n (n ≠ 0)

Assignment by consolidation unit possible

Copy task

–

1 : n (n ≠ 0)

Assignment by consolidation unit possible

Manual posting

1 : n (n ≠ 0)

–

Currency translation

–

1 : n (n ≠ 0)

Assignment by consolidation unit possible

Validation

–

  • For reported financial data and standardized financial data:

    1 : n (n ≠ 0), assignment by consolidation unit possible

  • For consolidated data:

    1 : 1, no assignment possible

Capitalization and valuation allowances

1 : 1 or 1 : 2

–

Consolidation group change

1 : n (1 ≤ n ≤ 6)

–

Interunit elimination

1 : 1

1 : 1

Reconciliations

1 : 1

1 : 1

Elimination of interunit profit/loss in transferred inventory

1 : 1

–

Elimination of interunit profit/loss in transferred assets

1 : 1

–

Reclassification

1 : 0 or 1 : 1

  • For reported financial data and standardized financial data:

    1 : n (n ≠ 0), assignment by consolidation unit possible (*)

  • For consolidated data:

    1 : 1, no assignment possible

Allocation

1 : 1

  • For reported financial data and standardized financial data:

    1 : n (n ≠ 0), assignment by consolidation unit possible (*)

  • For consolidated data:

    1 : 1, no assignment possible (**)

Consolidation of investments

1 : 1

–

(*) Activation of the Method Assignment of Reclassification Tasks function in the consolidation area settings is a prerequisite for assigning methods to reclassification tasks or allocation tasks by consolidation unit.

(**) You can only use allocation tasks for consolidated data if the Financials, Group Close, Allocation (FIN_ACC_GC_ALLOC) business function is activated.

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

Assignment of Methods to Tasks

See the section about methods.