Global Operations | Platform
Consolidation Rules
Ownership, translation and elimination as configuration.
What it does
Inside Consolidation Rules.
Consolidation is a calculation with visible workings rather than a spreadsheet.
01
Ownership, minority interest and step acquisition rules
02
Translation method and rate type by account
03
Elimination rules with exception reporting
04
Group, sub-group and entity views from one run
Where it sits
Part of Global Operations.
Legal Entities The group structure, with what each entity inherits. Countries and Localizations Local statutory behaviour, maintained as capability. Currencies Transaction, functional and reporting currency on every posting. Intercompany Both sides created together, so they agree. Statutory Formats Local reporting shapes, generated from the same postings. Party Master Everyone the group deals with, held once, whatever role they play.
Run Consolidation Rules against your books.
A working session on your structure and a month of your documents.