1. Working with Tax Reporting
  2. Working with Operations
  3. Consolidation Process

Consolidation Process

Consolidation is the process of combining data from multiple descendant entities into a single and coherent whole for the parent entity.

Consolidation can be performed from many of the forms, such as:

  • CbCR Summary
  • CbCR Details
  • Current Provision National and Regional
  • Temporary Differences National and Regional
  • Deferred Tax National and Regional
  • RTA National and Regional
  • TAR National and Regional

To perform a consolidation:

  1. Select the report that requires consolidation.
  2. Under Actions, select Consolidate.
    Consolidate selection screen
  3. Beside Enter Entities, click the Member Selector member selector. The current selection shows under Selections.
    Select Consolidation members
  4. Under Search Entity, click the level of consolidation you want to use.
  5. Continue to select members until you reach the consolidation you want to create, and then click OK.
    Consolidate member selector
  6. Click Launch.

    A confirmation message confirms the success of the consolidation.