Consolidation

Explanation

This activity is used to carry out consolidation based on selected consolidation parameters for a selected node.

Prerequisites

In order to perform this activity:

 

System Effects

As a result of this activity:

Window

Consolidation Status

Related Window Descriptions

Consolidation Status
Consolidate Balances

Procedure

To run the consolidation:

  1. Open the Consolidation Status window and search for the required structure, balance version and period of consolidation. (Note: Search for the parameter combination of consolidation structure ID, balance version, period of consolidation and parallel consolidation structure ID in order to perform parallel consolidation process)
  2. Right-click on the node for which the consolidation should be carried out, and click Consolidate Balances to open the Consolidate Balances dialog box.
  3. Select the Awaiting Approval check box to include journals with the Awaiting Approval status in the balance consolidation.
  4. Select the In Progress check box to include journals with the In Progress status in the balance consolidation.
  5. Double click on the Notes check box if you want to enter notes for the consolidation.
  6. Click OK.