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Microsoft Dynamics 365 Enterprise Edition - Financial Management - Third Edition
book

Microsoft Dynamics 365 Enterprise Edition - Financial Management - Third Edition

by Mohamed Aamer Ala El Din
March 2018
Beginner
562 pages
11h 42m
English
Packt Publishing
Content preview from Microsoft Dynamics 365 Enterprise Edition - Financial Management - Third Edition

Exploring consolidation and its approaches

Consolidation and elimination are two different processes but they are connected. Consolidation is gathering transactions from several company accounts into a single entity to print consolidated financial reports. Elimination is excluding inter-company transactions between subsidiaries and it is performed prior to the consolidation process; the elimination process could be executed separately or within the consolidation process.

Microsoft Dynamics 365 for Finance and Operations has four consolidation approaches; the company's CFO and controller should decide which approach will be followed and of course this will be driven by business needs.

The following diagram illustrates the different consolidation ...

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Publisher Resources

ISBN: 9781788839297