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.
-