What is consolidation and in which module do you used it
and when?
Answers were Sorted based on User's Feedback
Answer / prathmesh
Through consolidation we can consolidate the financial
transactions of the subsidiary in to parent.
It is used in General Ledger and at the year end it will be
used.
This might will help you.
Regards,
Prathmesh.
Is This Answer Correct ? | 6 Yes | 1 No |
Answer / abhishek
What is Consolidation? Consolidation is merging
transactions of 2 or more set of books/ledgers into one set
of books/ledger
Which module do you use it? General Ledger
When? Either at end of year or even at end of each period.
It depends upon requirements of organization.
Is This Answer Correct ? | 5 Yes | 0 No |
Answer / rjaggamp
Consolidation is the process of merging 2 or more SOB.
Generally when their are diffrent sob and needs to be
reported as a single entity.
This generally happens in the year end when a organaation
tries to report its financial results.
Is This Answer Correct ? | 0 Yes | 0 No |
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