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Hi Community.
What are the capabilities of IFS Cloud for financial consolidation over multiple business entities with different end year dates.
The customer has multiple business entities. These entities have different yearly end dates. One is following 31st of December, but others have a change e. g. 31st of October.
What is the capability of IFS Cloud in this case and what will come with what release?
Thanks in advance and have a great week :).
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Each entity will have its own financial calendar. IFS will consolidate based on the defined periods.
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Hi Christy
Thanks for the feedback. What the intention of the question also arises is the UX of the consolidation. Is it easy to setup and what possibiliites of reporting is offered by IFS Cloud?
Is there any material available?
T&R
Daniel.
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The Consolidation process is very easy to setup. There are canned Consolidation queries & analysis. Further analysis can be done via Power BI or BR. There is content on the IFS Sharepoint. Feel free to direct message me if you do not have access.
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