What are "Business Rules" in OneStream?

Business rules in OneStream are crucial as they define calculations or data transformations that occur during the data processing lifecycle. They serve as the foundation for how data is manipulated, aggregated, and translated within the system. By establishing specific criteria and conditions, these rules allow for structured and consistent calculations, ensuring that financial and operational data is processed accurately.

For instance, when financial data is consolidated, business rules can dictate how to handle specific accounting scenarios, like revenue recognition, or determine how to allocate costs across different departments. These rules enhance the accuracy and reliability of reporting and analytics, which is essential for informed decision-making.

Other choices address aspects of a comprehensive business system but do not capture the core definition of "Business Rules" in OneStream. Guidelines for user access pertain to security and permissions, reports focus on output of data rather than the processing rules, and standards for financial reporting are regulatory frameworks that may guide how data is ultimately presented but do not specifically define how data is processed or transformed within the OneStream application.