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GCS can be used for

Single ledger

Multiple ledgers in single instance

Multiple ledgers in multiple instance

Basic setups in system:

define chat of account mapping

define  consolidation and using the predefined coa mapping.

define the consolidation set rule-option

define the elimination rule

Basic consolidations steps

prepare the subsidiary ledger's data

revaluation

translation

transfer consolidation data

can transfer data one by one

can transfer data by consolidation set

check the consolidation journal in parent ledger

generate the elimination journal-option

review the generated journal

*the elimination journal can be generated more than once in the same period, the prior one should be reverse or delete.

report and analyze

can use the FSG or standard report to review the consolidation-%consolidation%

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