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    Define Financial Segments
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    Define Financial Segments

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    Article summary

    Financial dimensions may be renamed at any time. If you would like to rename a dimension, please contact Support.

    Segments defined here translate to the columns available when adding lines to Consolidation journals as depicted below.

    Note:
    As Legal Entity and Account segments are mandatory, they are defined by default.

    Define Financial Segments

    The Segment Name may contain alpha-numeric characters.

    The following Types help determine the features and use of the segment:

    • Legal Entity– This is usually assigned to a company segment. The legal entity type represents the segment for currency translation consolidations.

    • Account – This is usually assigned to a natural or main account segment within the general ledger.

    • Additional Segment – This is used to define additional segments as needed.

    • Interco (Intercompany Segment) – This is used to define an intercompany segment for entities involved in intercompany transactions.

     


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