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How to update GCR version (1.0.2 vs 1.0.3)
1. Abstract The goal of this document is to provide guidance on how to update Board GCR from GCR 1.0.2 to GCR 1.0.3. if you need to upgrade from previous GCR versions take Into account previously released guidelines. 2. Context GCR version update is mostly managed through Board Data Model Transporter Package. below you…
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How to change the Time range in GCR
1. Abstract In every Board application, the definition of the time range becomes very important because it guides the data that will be loaded and made visible to the end user. Changing the Time Range during the implementation will require several steps in a specific order. This topic has been already explained in a…
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How to update GCR version (1.0.1 vs 1.0.2)
1. Abstract As you may know, in Q2 2023 the first version of GCR, the new Board Solution to manage Financial Consolidation has been released. Since then, the development of the solution is not finished, and new patch releases will be frequently released. The goal of this document is to guide how to update your current GCR…
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How to update GCR version (1.0.0 vs 1.0.2)
1. Abstract As you may know, in Q2 2023 the first version of GCR, the new Board Solution to manage Financial Consolidation has been released. Since then, the development of the solution is not finished, and new patch releases will be frequently released. The goal of this document is to provide guidance on how to update…
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iXBRL with Seahorse
1. Abstract ESMA (European Securities and Markets Authority) is the EU’s financial markets regulator and supervisor. ESMA has developed the regulatory technical standards (RTS) which specify the European Single Electronic Format (ESEF) that is the reporting format in which issuers, whose securities are admitted to trading…
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How to configure FX simulation in GCR
1. Abstract Board Group Consolidation and Reporting (GCR) is our statutory and managerial consolidation tool. In GCR, you can run consolidation based on accounting data, but also based on data coming from any other sources for planification purposes (such as budget & forecast). Here, we are talking about different sets of…
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How to calculate branch contributive view in GCR
1 . Abstract Board Group Consolidation and Reporting (GCR) is our statutory and managerial consolidation tool. In GCR, we strongly suggest to leverage the consolidation nodes with a multi-logical flat approach. It allows the reproduction of any consolidation or sub-consolidation with the direct contribution of each…
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Period Types in GCR
1. Abstract Differentiating period types and aligning them with the fiscal calendar, as well as recognizing variations in closing procedures, significantly influence reporting requirements. Familiarity with period types within GCR enhances your ability to optimize its utilization. Grasping its functionalities and…
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Equity Method Accounting BFC/GCR
1. Abstract The equity method is a crucial accounting approach used to reflect investments in associated entities accurately. This abstract provides a comprehensive overview of the equity method, elucidating its fundamental principles, application, and implications for financial reporting while focusing on its…
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Migrate from BFC to GCR
1. Abstract Migrate from BFC to GCR is an important process that does not consist only in migrate cubes or procedure from one Datamodel to another, but several other activities. The main phases of the migration process are the following: Be Aware of all the main changes in the Data model between BFC and GCR. Identify all…
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How to update GCR version
1. Abstract As you may know, in Q2 2023 the first version of GCR, the new Board Solution to manage Financial Consolidation has been released. Since then, the development of the solution is not finished, and new patch releases will be frequently released. The goal of this document is to provide a guidance in how to update…
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New Board solution: Group Consolidation & Reporting
We are excited to officially launch Board Group Consolidation and Reporting (GCR), our new financial consolidation solution. GCR is a comprehensive and future-proof solution, built to meet the continuously changing challenges faced in the office of finance. Some aspects of the new solution: 1. Unified planning &…