Oracle Hyperion Financial Management Tips And Techniques

Out of Balance

The first rule you should think about having in your application is a simple out-of-balance rule. This rule will help you identify when your balance sheet is out of balance. Your assets always equal your liabilities and equity, you say? But in the unlikely event that they don’t reconcile, you will need this. Okay, it will happen all the time, and this is the easiest check to make in your system. You should have this rule no matter what. This calculation should run only at the Entity Currency member of base entities and adjustment Value members. It would then aggregate up the Entity structure during consolidation.

You will have to create a name for this account. In Figure B-3, I have selected the account name “Out_of_Balance.” I ...