Exploring dimension reporting
Overall, this chapter covers the financial dimension model from business and application angles. The required configuration for main accounts and the account structure directly affect the accuracy of the data entered, by controlling the dimensions' selection and validation.
The following section will explore the financial dimensions' reporting capabilities in a trial balance and dimension statement.
Financial dimension sets
Financial dimension sets are the result of reporting the transactions based on financial dimensions. They can be a combination of more than one financial dimension. Financial dimension sets are initially designed, along with the designing of financial dimensions in the design phase, to accommodate the reporting perspective, and they can be extended during the operations.
As you can see in the following diagram, the financial dimension set is used as a focal point in reporting, where it will be able to analyze numbers by one dimension...