Consolidation is the process of gathering data from dependent entities and aggregating the data to parent entities. Invoking consolidation runs the consolidation algorithms for the specified scenario, year, period, entity, and value. As a part of that process, consolidation for all descendant entities and all prior time periods within the same year is run, if it has not been run previously. The consolidation process runs all calculation rules functions for each affected entity and value, and translation runs as necessary to convert from child entities to parent entities. The consolidation process does not run translation rules for currencies that are not used in the process of deriving parent entity data from its children.
These options are available for consolidating data: Consolidate (Impacted), Consolidate All with Data, and Consolidate All.