Learn More About...

Review the checklist for setting up consolidations, learn about consolidation groups, and learn about how intercompany amounts are eliminated during consolidation.

Related Topics:

  • Checklist: Setting Up Consolidations
    You must set up consolidation groups on the Consolidated Reporting Setup form before you can run the consolidation process and print consolidated reports. For each consolidation group, you select the companies to be included and decide if any accounts are to be eliminated during the process.
  • Consolidation Groups
    The consolidation groups that you set up determine how you can consolidate financial information. Each group represents a combination of companies for which you want to merge data on reports (for example, all European companies of a global enterprise).
  • Consolidations and Eliminations
    During the consolidation process, any account balances or portions of account balances that represent intercompany transactions between the companies in the consolidation group are eliminated (excluded from the merged data).
Parent Topic: Consolidations