The OneStream Community is temporarily frozen until June 29th due to the ongoing maintenance. Please read the blog post here to learn more.
Forum Discussion
NicoleBruno
4 years agoValued Contributor
Process for closing entities
Hello!
What is your process for closing entities? Do you rename them or mark “Is consolidated” as false or do something else to discontinue them?
We’re working through creating an official proces...
BrassRoch
4 years agoNew Contributor II
I think the In Use setting is probably the best option. It allows for setting the Varying Properties to start the In use=False at a specific period.
This from from the Platform Guide:
If set to False, this can turn off the ability to use an Entity based on Time. This keeps historical data available. This is designed to be used when an Entity becomes inactive or is sold. Once an Entity is no longer in use, it will be ignored during consolidation and all intersections including this Entity will be invalid.
Related Content
- 1 year ago
- 8 months ago
- 19 days ago
- 2 years ago