Transfer of reserves

The Transfer of Reserves page allows you to include information about undisclosed transactions within the group. It provides an avenue for entering reserve transfers between companies that are not directly recorded in the local books but have an impact on the consolidation difference analysis report. By considering these additional data in addition to the consolidation data, the consolidation difference analysis reports can accurately reflect an evolution where the difference equals zero, ensuring a fully justified and balanced outcome.

  Note:  When creating a new period on the Define Period page, the data you input on this page can be copied from one period by selecting the Transfer of Reserves option

To access the Transfer of Reserves page, click Reports > Consolidation Reports > Consolidation Reports- Summary and then, click the button.

Post transfer of reserves

1. In the Line Nr field, enter the line on which you want the transfer of reserve to appear.

2. From the Transfer type drop-down, select a type.

3. In the Amount field, enter the transaction amount.

4. In the Description field, enter a good description for the transfer of reserve.

5. In the From and To Company fields, select the applicable companies. You can use to search for the companies.

     Note:  If the Transfer type is Parent appropriation, these two fields will be system-populated.

6. Click .

7. To generate a report of the transfer of reserves, in the Report options select an output type.

8. Click to generate the report. After the report is generated, a download link appears below for you to click and view it in the file type selected.