What is Reference Cube

What is Reference Cube

RC stands for Reference Cube and indicates the line in the template references data from the reporting cube. For example, the RC line displays a total from data that was looked up. The results is total revenue on a balance sheet as shown below.

In Practice

Use Reference Cube lines to extrapolate a dimensional data intersection from the reporting cube and to enhance performance and provide more robust budgeting.

Or, use a Reference Cube line when creating an income statement where the first column is balance forward, or to average an account over a period of time, or when pulling the last 12 months of data for a particular account.