tell me about Consolidation?
Answers were Sorted based on User's Feedback
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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