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Overview
A consolidation method is a mechanism that defines the accounting method applied
during consolidation. Consolidation rules are assigned to each consolidation method. A
consolidation method is assigned to each parent child/relationship within the
Consolidation Hierarchy user interface.
Related Topics
Setting Up Consolidation Hierarchies, page 13-2
Selected User Interface Elements for Setting Up Consolidation Methods, page 8-1
Selected User Interface Elements for Setting Up Consolidation Methods
Selected user interface elements are described below.
Consolidation Types
Consolidation types specify the method of consolidation. Financial Consolidation Hub
provides the following consolidation types:
•
Full consolidation
•
Proportional consolidation
•
None consolidation
Full Consolidation - A consolidation method where 100% of the subsidiary's balances
are brought into the consolidated statements.
Proportional Consolidation - A consolidation method where a proportionate share of
the entity's balances are brought into the consolidated statements based on the
Setting Up Consolidation Methods
Setting Up Consolidation Methods 8-1
8
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