How to Add a Reclassification

The steps below walk you through the procedure to add a Reclassification Entry.

1. In the Processes tab of Consolidation Control Panel, under the Processes section, click Reclassifications. The Reclassifications grid appears.

   

2. Click Add. The Add Reclassification dialog appears.

3. Enter a code of your choice in the Code field.

4. Enter a name in the Name field.

5. Select the month and year range in the Period field. During the selected time period, the Reclassification is active.

   

6. In the grid that displays segment columns based on the application configuration and user's security, set up a Reclassification Entry by performing the following steps:

   1. Click Add Row. A new row is added.

   2. Do one of the following to set up the values for each column:

      • Complete the values in the UI directly, by either typing the values or selecting the value.

      • Paste copied line items from an Excel spreadsheet to the journal entry grid. You may copy/paste all values, including description, segments, and debit/credit values. Use shortcut keys (Ctrl+C and Ctrl+V).

        

7. To change the default selections for source and target segment columns, follow the information below:

   1. For a source type line, the default selected value for segment columns is All. To select specific members for a column, click All, clear the checkbox for the column shown on the right, and then select the checkbox for the members from the list that appears. If you select more than one member, Multi is shown in the segment column.

   2. For a target type line, the default selected value for segment columns is Same. To select specific members for a segment column, click Same, clear the Same as Source checkbox shown on the right, and then select the members from the list that appears. Only one member can be selected. For the Reporting dimension, you can use Reclass in the Target. When Reclass is used, the system dynamically determines the posting type: Reclass LC for Local Currency companies and Reclass CC for Common Currency companies

8. Click Save.