Define Financial Segments

Article summary

Did you find this summary helpful?

Thank you for your feedback

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.

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.

Was this article helpful?