Overview of Consolidation Methods

Select the best consolidation solution for your enterprise.

• Reporting Only Consolidations: If your subsidiaries and corporate ledger share the same chart of accounts and calendar.

• Balance Transfer Consolidations: If your subsidiaries and corporate ledger have either or both different charts of accounts and different calendars.

• Financial Management Consolidations: If there are complex factors in your financial consolidation requirements such as:

  • Complex company structures such as joint ventures, minority interest holdings, partially or fully owned subsidiaries.

  • Multiple heterogeneous systems including data sources that aren't general ledger that are required to support nonfinancial or industry-specific metrics, disclosures, and footnote schedules.