Amounts

Gross amounts

Original financial statement amounts are defined as gross amounts since the values to be inserted are “gross” of IC declarations, i.e. the inserted amounts also include the intercompany portion.

They are typically inserted manually by the Contributor user from the relative cockpit with data entry via Excel or online, but they could also be the result of ETL loading. They can be subdivided into two groups:

• static amounts, i.e. Balance Sheet and Profit & Loss amounts.
• dynamic amounts, i.e. variations, used to relate balance sheet accounts, memorandum accounts or other stock accounts to the relative entries.

Note: statistical values (quantity, headcount, m², etc.), which are typically used as drivers in allocation processes, in the creation of indices (e.g. revenue per passenger on a ship) and in management reporting, are managed as amounts.

Once the amounts have been inserted, CCH Tagetik checks that they are balanced, or represent the sum of all the amounts inserted on the various accounts with “Balance Sheet” nature and “Normal” type and indicates the total amount in the Balancing” field.

Note: the calculation is performed taking account of any filters that have been applied, with the exception of filters on the account (code, description, nature or type) and on amounts.

IC amounts

IC amounts are intercompany amounts, i.e. all the amounts (costs, revenues and assets) related to transactions between entities belonging to the same group.

Note: only accounts which have the “IC Management” option active can accept intercompany values (see ).

To facilitate the selection of the counterparty entity during the IC amounts data entry step, CCH Tagetik allows you to define the list of most common counterparty entities for each entity. These counterparties are defined in the Counterparties tab in the list of entities and are shown in the CTP entity selection window. See .

Additional fields

Additional fields are only shown if “Enable additional fields on IC” is selected in the process’s gross and IC amount rules.

These fields are used by the automatic document relationship procedure, and relate an entity’s IC declarations to a counterparty’s declarations based on information related to the invoice.

Restrictions and conditions

Gross and IC amounts are managed by process and potentially by scenario/period, if the process is not a single submission process. Moreover, it is only possible on scenarios/periods that are not stored offline and are visible to the user.

Only contributor amounts can be managed from the Contributor cockpit, whereas from the Consolidator cockpit it is also possible to manage consolidator amounts.

Counterparty dynamic groups

In the declaration of an IC amount, it could be useful to indicate only one subset of entities included in the list as counterparty entities.

For example, for the “Investments at equity” account it may be practical to use only entities consolidated using the net equity method as counterparty entities, or you may only want to use counterparties that are banks for the “Receivables from banks” account.

To restrict the set of entities that can be selected as the counterparty entity for a given account or custom dimension, it is possible to create a Counterparty dynamic group (see )

The counterparty dynamic group can therefore be associated, using the CTP restriction field, with every account (see ) or with every element of the custom dimensions that manage the counterparty dynamic groups and, in that case, if the counterparty entity is defined. The system behaves as follows:

If...	Then...
the selected account has a CTP restriction	the CTP entity must be one of the counterparties allowed by the account.
the selected custom dimensions have a CTP restriction	the CTP entity must be one of the counterparties allowed by the custom dimension element.