Consolidating multiple email accounts

Financials lets you set up a list of companies to consolidate, verify the accounting data before you consolidate it, import files, and generate consolidation reports.

If your business unit uses a foreign currency, you must specify the exchange rate to use in the consolidation.

consolidating multiple email accounts-24

This company is typically referred to as the "consolidated company." The consolidated company is just a container for the consolidated data, and does not have any live business data.

The companies that you include in the consolidated company become Business Units in the report.

If the chart of accounts in the business unit differs from the consolidated company, you must prepare general ledger accounts for consolidation.

You can specify the accounts to post debits and credits to, and the method to use to translate currencies in the consolidated company.

You can test your data before you transfer it to the consolidated company.

Last modified 05-Nov-2017 17:57