Defining the Group Consolidation

Once the InterCompany module has been installed, set up the group consolidation.

Select Setup > Group Consolidation:

Enter these:

Field	Description
Group Name	Enter the name of the Group Consolidation Entity.
Level of Detail	Select the level of detail to import GL transactions into the Group Consolidation Entity: All Details - Individual GL Transactions from source companies are loaded into the Group Consolidation Entity Summarised by period and branch - GL Transactions from the source companies will be subtotalled by Period, Branch, Account and Sub-Account. Summarised by period - GL Transactions from the source companies will be subtotalled by Period, Account and Sub-Account.
Progress step
P/L FOREX a/c	On loading the GL balances/transactions of a foreign subsidiary company, the P&L is converted at average rate and B/S at closing rate. This may give rise to a difference, which will be posted to this account.
P/L Mapping Errors	Specify an account on the Group Consolidation Entity used to hold P/L balance/transactions from source companies that were unsuccessfully mapped to a GL account in the Group Consolidation Entity.
B/S Mapping Errors	Specify an account on the Group Consolidation Entity used to hold B/S balance/transactions from source companies that were unsuccessfully mapped to a GL account in the Group Consolidation Entity.