How to: Enter Consolidation Information on General Ledger Accounts

After setting up the chart of accounts for a consolidated company, you must specify accounts for consolidation. In each company that will be included in the consolidation, for each general ledger account, you must specify the general ledger account in the consolidated company to which the balance will be transferred on consolidation.

To enter consolidation information on general ledger accounts

1. On the Application menu , choose Select Company to open the company for a business unit.

2. In the Search box, enter Chart of Accounts, and then choose the related link.

3. In the Chart of Accounts window, for each general ledger account that has the Posting type, fill in the Consol. Debit Acc., Consol. Credit Acc., and Consol. Translation Method fields. For more information about a specific field, select the field, and then press F1.

   Important

   These fields are available in the Chart of Accounts window, but not shown by default. For more information, see Customizing Role Center and Pages.

4. After entering account numbers for all the general ledger accounts, close the Chart of Accounts window.

If you have more than one business unit in the same database, close the current company, open another business unit ,and repeat the procedure.

See Also

Tasks

How to: Process Consolidations

Other Resources

Chart of Accounts