tell me about Consolidation?
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Answer / ramana
consolidation means number of chart of accounts are link
with one chart of account. Its means operational chart of
accounts are link with group chart of account.
Is This Answer Correct ? | 3 Yes | 3 No |
Answer / suraj
hello
as per my knowledge consolidation is necessary for chart of
accounts, business areas etc
for chart of accounts we assign n number of company code
if the one currency, if not another chart of account is
necessary for different currency. if u want to know the
complete result of the company u must consolidate the chart
of accounts.
for business areas to know the entire results of the
business areas we must consolidate with one business area
Is This Answer Correct ? | 0 Yes | 4 No |
Answer / nagarjuna reddy
It means that We will have to link various departments so
that we can understand the flow of the data.It meansa that
data must b shared with each other other wise a problem
arises.
so we need database t b viewd so we will have to
consolidate.so that we can work fast if we consolidate with
each other.
(As per my Knowledge )
Is This Answer Correct ? | 0 Yes | 5 No |
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