Define Period Mapping

Explanation

This activity is used to map the accounting periods of the reporting company against the accounting periods of the master company. The purpose of this activity is to specify which accounting period of the reporting company should be considered when a balance transfer is carried out, and which accounting period of the master company should be affected by those accounting periods of the reporting company. The period mapping is used when reporting company accounting calendar differs to master company accounting calendar.

Prerequisites

In order to perform this activity:

• A master company (i.e. a company with the Master Company check box selected in the Company/General tab) should exist.
• A reporting entity connected to a reporting company should exist in the master company.

System Effects

As a result of this activity, the accounting periods of the reporting company are mapped against the accounting periods of the master company.

Window

Period Mapping

Related Window Descriptions

Period Mapping

Procedure

To map the periods of a selected reporting entity:

1. Open the Period Mapping window and search for the reporting entity for which you want to map periods.
2. Select a value for the Year Offset field to specify the accounting year in the reporting company from which the reporting balances should be fetched.
3. In the Reporting Company Period field, enter the period of the reporting entity of which you want to map to the accounting period of the master company.
4. Create a new record in the Exclude Reporting Company Periods tale.
5. In the Exclude Period field, enter the period of the reporting entity of which you want to exclude when transferring balances to the master company.
6. Enter a comment in the Comments field if required. .
7. Save the information.