Specific flows

The Specific Flow page shows the list of specific flows along with their corresponding group chart of flows necessary for Financial Consolidation to carry out the consolidation and to automatically book the elimination entries.

In addition to the specific accounts, certain movements are needed in Financial Consolidation to complete the configuration of systematic rules and movements throughout the consolidation process. Through the existence of such movements, called specific flows, eliminations rules, movements, and entries necessary for the consolidation process will be linked to the relevant movements and flows taken from the list of movements (Chart of Flows) of the group.

The Specific Flow page is accessed from the Chart of Flows page by clicking .

Assign relevant flows to the specific flows

  1. On the list, click beside the flow number you want to assign to a particular specific flow

  2. In the Details pop-up, enter the Flow Number or click to search for the flow number.
  3. Click to save the new flow assigned.

  4. Click to return to the Chart of Flows page.

 

The following table lists all the specific flows with their major attributes:

Specific Flows Description Required Possible Consolidation Elimination Remarks
ThisPeriodProfitLoss Assign this to the flow used to book the net result of the current period in the Balance Sheet. Yes

S079: Proportional eliminations

S081: Equity eliminations

S085: Minority Interests

This specific flow normally follows the PLBAL specific account. It represents the current net result portion of the specific account. It will be used by all journals where the Net Result from Balance Sheet line is added automatically.
Appropriation Assign this to the flow used to transfer the net result of the previous year into the reserves.   S085: Minority Interests  
Dividends Assign this to the flow used to book the dividend paid out in the current period but related to the result of the previous year.   S085: Minority Interests  
InterimDividends Assign this to the flow used to book the dividend paid out in the current period which is related to the result of the current year.   S085: Minority Interests  
NetVar Assign this to the flow used to book the net variation of the period. Yes

S001: Conversion

S079: Proportional eliminations

S081: Equity eliminations

S089: Participation eliminations (Owner)

S093: 3rd Parties on Participation (Owner)

To put the difference between the amount of the main account and the various manually filled–in flows and the specific flow ‘PreviousPeriodAdj’ for accounts defined with ‘Automatic Flows’
ProfitLossAdj Assign this to the flow used to book adjustments of result at consolidation level.   S085: Minority Interests  
ProfitToReserves Assign this to the flow used to book adjustments to transfer the net result of the previous year into the reserves.   S085: Minority Interests  
ReservesAdj Assign this to the flow used to book adjustments of reserves.  

S079: Proportional eliminations

S081: Equity eliminations

S087: Shareholders funds eliminations

S089: Participation eliminations (Owner)

 
PreviousPeriodAdj Assign this to the flow used as opening balance flow in the consolidation adjustments. Yes

S001: Conversion

S085: Minority Interests

S089: Participation eliminations (Owner)

S090: Participation eliminations (Owned)

S093: 3rd Parties on Participation (Owner)

 
Transfer Assign this to the flow used to book transfers between accounts.  

S079: Proportional eliminations

S081: Equity eliminations

 
DifferenceOnOpening Assign this to the flow used to book differences on opening balances in the statutory bundles, i.e. to book variations between published accounts and amounts mentioned in the bundle.      
CompanyAcquired Assign this to the flow used to book entries into the scope  

S079: Proportional eliminations

S081: Equity eliminations

S087: Shareholders funds eliminations

 
CompanyDisposed Assign this to the flow used to book exits from the scope.      
Merge Assign this to the flow used to book merge between two companies.      
PreviousTransAdj Assign this to the flow used by Financial Consolidation to book the previous period’s translation adjustments.   S001: Conversion  
TransAdj Assign this to the flow used by Financial Consolidation to book the current period’s translation adjustments. Yes

S001: Conversion

S085: Minority Interests

 
RoundedErrors Assign this to the flow used to book differences due to rounding errors.      
UnexpVar Assign this to the flow used by Financial Consolidation to book the unexplained variations. ’ Yes S001: Conversion To put the difference between the amount of the main account and the various manually filled in flows and the specific flow ‘PreviousPeriodAdj’ for accounts defined with ‘Manual Flows
VarPercInteg Assign this to the flow used by Financial Consolidation to book the variation of % integration.      
VarConsoMeth_GE Assign this to the flow used by Financial Consolidation to book the variation of consolidation method, from Global to Equity method.      
VarConsoMeth_EG Assign this to the flow used by Financial Consolidation to book the variation of consolidation method, from Equity to Global method.      
VarConsoMeth_PE Assign this to the flow used by Financial Consolidation to book the variation of consolidation method, from Proportional to Equity method.      
VarConsoMeth_EP Assign this to the flow used by Financial Consolidation to book the variation of consolidation method, from Equity to Proportional method.      
VarConsoMeth_PG Assign this to the flow used by Financial Consolidation to book the variation of consolidation method, from Proportional to Global method.      
VarConsoMeth_GP Assign this to the flow used by Financial Consolidation to book the variation of consolidation method, from Global to Proportional method.      
VarConsoMeth_CE Assign this to the flow used by Financial Consolidation to book the variation of consolidation method, from Consolidated to non-consolidated.