7.3 Types of Consolidation

Following listed are the types of Consolidation:

  • Simple Aggregation: As name suggests Simply aggregate across entities without any elimination
  • Full Consolidation: Aggregate. Eliminate Intra group transactions.
  • Proportionate Consolidation: Aggregate. Eliminate Intra group transactions and balances reflect consolidation percentage owned by parent in subsidiary (This can be configured as per the customer requirement).