Calculation Definition

The Calculation Definitions page contains Global Drivers, Allocation Methods, Calculation Plans, and Execution Lists.

The Calculation Definition page is the interface for defining the calculations against the Register. The OneStream Compliance Engine uses a methodology similar to a general ledger sub-system distribution (for example, Accounts Payable):

• It generates accounting distribution based on the line item calculations defined in the Allocation Methods page. Think of these as adjustments that can be made to the target financial model. Allocation Methods are not executed directly. One or more Allocation Methods are assigned to a Calculation Plan first, which defines whether the calculation should be executed.

• A Calculation Plan provides the ability to limit the execution of an Allocation Plan to specific time periods within the plan, specific items in the registers (such as Employees, Assets, and Contracts) and by any field value defined in the register table.

• Data calculation is ultimately controlled by an Execution List which simply contains the list of defined Calculation Plans and the set of filters that link the plans to specific Workflows, Scenarios, and register status values. For example, a Calculation Plan created for new hires should only be applied to employees with a status of New Hires. Execution Plans provide the mechanism to implement this restriction.

• In essence, an Execution List runs Calculation Plans conditionally against Register items for various time periods and generates adjustment data based on the related Allocation Methods.