Consolidation Movements

Use the Insert New member function to create new Movement.

Movement Attributes

Choose an existing Movement (or while defining a new one), edit it and select from the available drop-down lists the proper attribute:

> Calculated (Y/N)

If checked this Movement is calculated; it means you can't have data entry on it (e.g. Error)

Predefined Calculated Movement are locked on Movement Group and Translation Rate attribute.

> Movement Group

This property is mainly used for batch process to identify a subset of Movements. It is referred to the Movement property of being a

- Closure Mov : only CLO has this property

- Opening Mov : movements which is calculated at the re-opening of the period (only OPE and PAL have this property)

- Movement Mov : "Default" choice for Movements

- Conversion Difference Mov : Movements which are calculated during to translation process (only EDM and EDO have this property)

Basically any New Movement should be linked to the  "Movements" item, unless specific needs are required.

Each attribute must be chosen, differently the member can't be saved.

> Movement Translation Rates

This setting influences the Translation Step of the Consolidation Procedure. For additional details please refer to Consolidation Preliminary Calculation.

The Following choices are available :

> Closing Rate : it is the closing rate of the period

> Average Rate : it is the average rate of the period

> Spot Rate : it's a custom rate applicable to Movs that ordinary are being translated at average rate but occasionally (for some accounts only) must be differently treated. If you have no Movs with such property you can skip this.

> Previous Fiscal Year Average (on re-Opening)

> Previous Fiscal Closure (on re-Opening)

Movement Group Account Attributes

For each movement check the corresponding Account Group you want the Movement to be related with.

Sample : opening the Intangible Fixed Asset screen,  data entry is allowed on a subset of movements. The available movements are automatically pre-selected thanks to the relationship you define checking the column block Intangible Fixed Asset Flows.

Check then all the Column blocks (representing different subsets of accounts) for which a given movement should be available for data entry of reporting purposes.

The Application provides standard movements on standard account groups, but both groups and movement can be added.

When completed click on the Confirm Button. A process is executed to spread the attributes from Movement Account Group Level at Account Level.

Template pre-defined Movements

The Following Movements are provided and linked to the related Movement Group Accounts :