What are Dated Hierarchies and How are They Used

When there are changes in company organizational structures, you may need to manage multiple versions of hierarchies which existed during different periods in time. You may also need to generate reports using different versions of organizational hierarchies which represent different reporting positions of individual entities.

Dated Hierarchy allows you to manage hierarchies based on periods, allowing you to create a new version of a hierarchy and take a snapshot of the existing version.

A few examples: 

• Company 01 was part of a Parent group until December 2016, when it was moved to a different Parent group, and you need to generate reports using both Parent group hierarchy versions.

• Product 01 was part of a Product group until December 2016, when it was merged with a different Product group starting January 2017, and you need to generate reports using both versions of the hierarchies to understand the impact of the movement on the financials of the Product group.