Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / jilan_
Consolidation is the period-end process of combining the financial results of separate subsidiaries with the parent company to form a single, combined statement of financial results.
Or in short ..
"Consolidation is the process of transferring the data from ‘one ledger’(subsidiary) to another ledger (primary)."
The typical consolidation process includes eight steps,
1. Defining Consolidation Charts of Accounts
2. Mapping Consolidation Data
3. Preparing Consolidation Data
4. Transfering Consolidation Data
5. Posting Consolidation Data
6. Creating Eliminating Entries
7. Reporting on Consolidated Balances
8. Analyze Consolidated Data
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Payables Applications Technical Reference Manual
In Subinventories Form, how to enable the Locator Control. A message displayed when changing the drop down list "FRM-40200: Field is protected against update.
There is employee X and employee Y (who is supervisor of X); when Y submits expenses how will the system ensures that this should not go to X even if he has the approval authority.
1)What cannot be consolidated in GCS? 2) When you setup calendar in GL is it possible to change it?
What kind of necessary ap information you gather from the client?
What is the procedure for requition import?
payment types and payment methods.
We are running Oracle EBS 11i and yesterday whilst doing my month-end I forgot to select "calculate finance charge" on form ARXSUPST AR Print Statement run. I am struggling to get to My Oracle and was hoping someone out there might have experienced or heard of a similar problem. What are my options to rectify this situation... I look forward to you inputs..... Thank you Regards Salie
What is gap analysis, what are the pre-requisities?
What is meaning of deprecation?
How to do the analysis of discounts lost and fixing the root cause?
Explain Customer Creation and Maintenance Process. Provide samples of customer master records with Payment Terms.
On what different real time issues you worked while doing P2P cycle implementation?
explain your project plan with exam pal? i am preparing inter view .............
SLA usage ans how to define setups?
