Once metadata is updated and the Refresh Database have completed successfully, how will the status via the default Data Status grid for all entities be listed?

In the context of Oracle Financial Consolidation and Close, once the metadata has been updated and the Refresh Database process has successfully completed, all entities will have their status displayed as "System Changed" in the default Data Status grid. This indicates that there were modifications made to the metadata that impact how financial data is consolidated and reported.

The "System Changed" status serves as a clear signal to users that the underlying structure or components of the consolidation system have been altered, prompting them to review the changes and ensure that all necessary adjustments have been made in their financial reporting processes. This status is important as it helps maintain data integrity and consistency within the consolidation framework, thereby offering assurance that any changes have been captured and properly managed.

In contrast, statuses like "Impacted" or "Need Translate" relate to specific situations requiring attention around data precision or language translations in financial entries, while "OK" suggests that everything is functioning without issues, which would not apply immediately following a significant metadata update.