Previous  Next          Contents  Index  Navigation  Glossary  Library

Consolidating Transactions

When you consolidate transactions, General Ledger creates a single consolidation journal batch, consisting of your subsidiary's transactions and their corresponding effective dates. When you post this batch to update your consolidated standard balances, the corresponding consolidated average balances will also be updated (as they are when you post non-consolidation journal batches).


         Previous  Next          Contents  Index  Navigation  Glossary  Library