Multiple Hierarchy Support in OfficeConnect for Financial Management
With this release, OfficeConnect for Financial Management can now include more than one hierarchy per dimension in the financial reporting data model, enabling report creators to choose from and use any of the available hierarchies in their report. This increases flexibility in reporting by enabling users to use different hierarchies in dimensions like companies, ledger accounts, and cost centers.
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4m 8sMultiple Hierarchies in OfficeConnect
Release: 2023-03-11
Report creators can now select from and use alternate hierarchies available in the reporting data model. Alternate hierarchies enable users to present different views using the same elements organized differently in each hierarchy.
Example: You recently acquired a company and they're not in the consolidation hierarchy yet. Use alternate hierarchies to report on both:
- The global hierarchy that consolidates all companies.
- The hierarchy of the acquired company that's currently separate.
Multiple Hierarchies in Financial Reporting Data Model
Release: 2023-03-11
Administrators can now select more than one top-level hierarchy per dimension in the reporting data model. We update the Set Up Financial Reporting and Analytics Data Model task with options to select alternate hierarchies to increase flexibility in reporting on dimensions like companies, ledger accounts, and cost centers.
Example: You recently acquired a company and they're not in the consolidation hierarchy yet. Set up alternate hierarchies to enable reporting on both:
- The global hierarchy that consolidates all companies.
- The hierarchy of the acquired company that's currently separate.