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Function documentationOrganization Balances Locate this document in the navigation structure

 

You use the Organization-Level Balances and Significance function to do the following:

  • Enter or upload balances for the account groups at the compliance-initiative specific level.

  • Determine the significance threshold for compliance-initiative specific account group balances.

  • Apply a significance threshold to mark account groups as significant, or not.

Note Note

The system flags organizations and subprocesses as in scope if the account groups assigned to its subprocesses are identified as significant. Organizations and subprocesses can be in scope for one timeframe and not for another. This attribute can be adjusted by users with appropriate access privileges.

End of the note.

Activities

To update your account group balances do the following:

  1. Choose    Master Data   Accounts   Organization Balances  .

  2. Enter the Year, Regulation, Currency, and Significance Threshold.

  3. Manually enter your consolidated account group balances or use the Download Template and Upload Template buttons to automate the process.

    You can manually mark an account group balance as significant or the system can select the accounts based on parameters you defined in the Customizing activities.

  4. Choose Save.