Global Consolidation System
Use the Global Consolidation System (GCS) to consolidate multiple companies whose accounting information is maintained in multiple sets of books. If your sets of books reside in multiple Applications instances, you must maintain dummy sets of books for those subsidiaries whose sets of books are located external to the Applications instance where you plan to perform your consolidation activities.
Additional Information: If you maintain your parent and all of its subsidiaries within one set of books and you do not have average balance processing enabled, you do not need to use the GCS to view and report on your consolidated financial information.
See: Accounting for Multiple Companies with a Single Set of Books.
