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:
- The consolidation structure for which the consolidation is to be
performed should be open for the required period and balance
version.
- The current user should have security access to consolidate the balances
for the required combination of structure, structure node and balance version.
- If simulation balance version is used for consolidation, the current
user should have security access for the required combination of structure,
structure node, simulation balance version and the connected master balance
version.
System Effects
As a result of this activity:
- Consolidated balances are created for the selected node.
- The consolidation status of the selected node is changed to Consolidated.
Window
Consolidation Status
Related Window Descriptions
Consolidation Status
Consolidate Balances
Procedure
To run the consolidation:
- 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)
- Right-click on the node for which the consolidation should be carried out,
and click Consolidate Balances to open the
Consolidate Balances dialog box.
- Select the Awaiting Approval check box to include journals with
the Awaiting Approval status in the balance consolidation.
- Select the In Progress check box to include journals with the
In Progress
status
in the balance consolidation.
- Double click on the Notes check box if you
want to enter notes for the consolidation.
- Click OK.