Skip to main content
J
JakeBrown
Newcomer
November 28, 2022

Intercompany matching at Parent entity ?

  • November 28, 2022
  • 1 reply
  • 0 views

Hi 

We are looking at inputting certain Balance sheet entries at Parent entities. Is there a way to get OneStream's intercompany matching tool to work Parent to parent (rather than either base to base or base to parent) 

Ideally I don't want to substitute a 'proxy' base member when entering at the parent level 

Thanks in advance 

1 reply

T
OneStream Employee
TonyToniToneOneStream Employee
OneStream Employee
November 29, 2022

I haven't investigated the possibility of doing this.  As a general practice, only base Entities should be designated as IC partners.  This ensures that the IC transactions between partners will eliminate in every hierarchy.  Also, simplifies future reorganizations of Entity hierarchies.  IC transactions between 2 base Entities eliminates at the first common parent.  You can certainly create a Parent Input Workflow to submit the Balance Sheet entries at different Parents.  If these are IC transactions that are submitted at the Parent Entity level, I don't believe eliminations will occur between the Parents.  Just in case you were expecting eliminations to happen between the Parents like you would see from the base Entities.  From the IC Matching perspective, the logic is run for base Entities.  The IC Method Queries used for the IC Dashboards are really flexible but I don't believe Parents are taken into account for IC Matching.

I would suggest submitting a ticket to OneStream Support and have a discussion with AAS on the feasibility of a custom IC matching dashboard for this process, if you have reached a dead end with this post.    

    Terms & ConditionsAccessibility statement