Derived Dimensions (Automated Postings)
To ensure that every transaction is stamped with the right dimension data, the solution includes dimension derivation.
As the following figure shows, when completing a time sheet, an employee selects an engagement (the engagement is associated with the services) and a task (to indicate what kind of work has been done) and enters a number of hours.
The solution automatically derives an activity from the task. This contains the set of posting references that indicates where it should be posted in the chart of account and, thereby, in the G/L.
The solution derives the department to which the engagement belongs, as well as the client and the service type, from the engagement that the employee selected, and stamps this on all transactions.
Finally, the employee who enters on the engagement belongs to an employee department and has an employee number, which the solution also stamps on the transaction.
This means that the actual entry is very simple. However, the entry initiates a complex series of entries in the solution, providing great advantages and flexibility for subsequent reporting.