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FCC-Consolidadtion Methods

edited Aug 1, 2018 11:01PM in Financial Consolidation and Close 1 comment

Summary

Consolidadtion Methods

Content

Hello :

As far as I know there are several consolidation methods i.e. Subsidiary, Equity, Not Consolidate, Holding etc.

So far the company only does a combination of information i.e.

Company A

Cash $1,000

I/C AR $ 500

Company B

Cash $1,500

I/C AP $500

Company C - Consolidation

Cash $2,500.00

So I was wondering if the Consolidation Method will be Holding I just want to do a summarization, and I want to remove the intercompany transaction that were booked already on the ERP.

Thanks

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