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Function documentationValidation Business Rule Locate this document in the navigation structure

 

You use this to compare using various operands the balance of one set of records against a second set of records.

Features

Validation performs user-defined checks after data entry or at subsequent points in the consolidation process to help ensure the completeness and accuracy of the existing data.

If a data comparison returns a true condition, then the validation is deemed to have been successful. If a false result is returned, then the validation is deemed to have failed and the system posts any variance between the balances in the two sets of accounts to an error account.

You define the records the system checks using multiple dimensions, such as a specific combination of account and flow.

You can report on the various error accounts to see whether or not all validations have been successful or if issues exist that require further follow up.

You can set up validation for both Financial and Legal Consolidation applications.