18 March 2014

Value dimension, the most difficult dimension in HFM – Part II




In my previous blog we have seen the flow of data in the value dimension and its relevance. We have seen that the data flows from <Entity Currency> to [Contribution Total] of the value dimension and then the consolidated data is posted in <Entity Currency> of the parent entity. The obvious question that comes to […]

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5 March 2014

Value dimension, the most difficult dimension in HFM – Part I




Introduction Generally HFM is implemented by organizations having global presence so multiple currencies are involved. Data is submitted in various currencies and is required to be converted / translated into the parent company’s currency i.e. the reporting currency. (e.g.) Let us consider an example where A is the parent/holding Company while B and C are […]

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