Consolidating business units


23-May-2017 11:13

Consolidated entity D is further consolidated with an additional operating business unit not directly related to business unit 3 and 4 to consolidated business entity C.Finally, the consolidated business entities B and C are combined in the overall consolidation business entity A.This table provides an example of intercompany payables and receivables among three business units that each use the Affiliate Chart Field: Another method of tracking activity between business units is to use different Chart Field values—typically different accounts—for intercompany transactions.Instead of using the Affiliate Chart Field, you could use the following accounts to identify the same transactions that were shown in the previous exhibit: An elimination set represents a related group of intercompany accounts that record both sides of each transaction between units.

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The balance sheet for Consolidated Manufacturing lists its United States investment as an asset.People Soft General Ledger provides incremental processing of consolidations by recognizing lower level tree nodes that were previously processed when running the current consolidation.The Consolidation process uses the Consolidation Set, As Of Date, currency, and tree name of the process request to identify the tree nodes that have been processed, thereby enabling processing of only the nodes under a specified higher-level tree node that have not yet been processed.Ledgers outside of the General Ledger database can be loaded into the database for processing.



In JD Edwards EnterpriseOne, this is called "consolidation of company." It is a process by which various business units merge. A business unit is the.… continue reading »


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Each individual company involved in a consolidation is called a business. Consolidate Companies. and the setup of the business units in a.… continue reading »


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Centralization and consolidation of back-office functions can bring. Many organizations are consolidating back-office functions across business units.… continue reading »


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