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tell me about Consolidation?

Answer Posted / suraj

hello
as per my knowledge consolidation is necessary for chart of
accounts, business areas etc
for chart of accounts we assign n number of company code
if the one currency, if not another chart of account is
necessary for different currency. if u want to know the
complete result of the company u must consolidate the chart
of accounts.
for business areas to know the entire results of the
business areas we must consolidate with one business area

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