Consolidated Financials

Use the Consolidated Financials screen to create a list of operating companies. This screen is only used if the current company serves as a consolidation company for financial information accumulating in other companies set up in Spectrum.

Important: Do not set up a chart of accounts in the consolidation company.

If the current company is a consolidated company, only the General Ledger module should be selected in the Company Installation screen and all operating companies must be set up with the same fiscal calendar and G/L account code mask.

In the Operating Companies section, enter the operating company codes that you want to include when consolidating financial records. These companies will be consolidated for financial reporting purposes.