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What is the consolidation ?

Answer Posted / ravikanth

Consolidation is a functionality in the General Ledger
Module that allows you to combine financial results of
multiple companies from multiple sets of books,
currencies, calendars and accounting
flexfield structures. Consolidation can be done in 2 ways

1) One can use FSG if the SOB are same
2) Global Consolidation System (GCS) if the SOB are
diffrent where the individual account to account mapping is
done.

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