When you have a group of companies, you may need to aggregate their financial statements into a single one to know how the holding company is doing as a group.
Such a task can be performed to consolidate different companies that are in the same database, companies in different databases (even in older Dynamics NAV versions), or using data coming from other business management programs.
Regarding data, consolidation can be performed when the different subsidiary companies or business units have different charts of accounts, fiscal years, or currencies.
Performing a consolidation is as easy as executing a batch process. There are different scenarios, though, depending on where the data is. ...