Defining a consolidation company (GL/CU)

A consolidation company is a company whose sole purpose is to generate consolidated financial statements for a group of related companies.

You can define a consolidation company in one of two ways:

• Define a consolidation company from scratch, using Company (GL10.1) in the Main tab. Use this option if your consolidation company structure (hierarchy) does not match the From company structure.

• Define a consolidation company by copying an existing company by using Company Copy Delete (GL110). Use this option when the consolidation company structure (hierarchy) is the same as the structure of the From company.