Contents of the Configure Consolidation Settings Screen

Use the fields and options to configure the Consolidation Settings.

Consolidation Calculation Method

Select the preferred calculation method for the translation of the financial statements. After you post the consolidation entries, you cannot change the method.

Field	Description
Year-To-Date	Costpoint uses data since the start of the year. This is the default setting.
Inception-To-Date	Costpoint uses the start date of the project.
Last Consolidation Number	Costpoint retrieves the number in this editable field from the LAST_CONS_NO column in the PROJ_CONTL table and provides you with a reference for the last consolidation entry created. The Last Consolidation Number is stored in Project Settings. This is similar to the last number in Costpoint Inter-Company Work Orders. If you must run the consolidation process multiple times for the same accounting period, you may find it helpful to reset the number in this field.

Update Beginning Balances Defaults

Field	Description
Include adjustment periods	Select this check box to include amounts for adjustment periods when updating Consolidation Beginning Balance for subsequent year.
Allow this default to be changed in the Update process	Select this check box when you want to change the default for the Adjustment Period flag (Yes or No) in the Update Consolidation Beginning Balances process. When you select this, the Include Adjustment Periods check box on the Update Consolidation Beginning Balances screen is enabled.