IFS Applications 10 | Consolidation


Consolidation

IFS Consolidation™ enables you to consolidate balances from any number of companies at any number of levels, regardless of charts of accounts and reporting currencies used. IFS Consolidation can be done in multiple corporate structures for operational and managerial purposes. The consolidation process, which can be executed for a single structure node or the complete structure at once, includes automated support for ownership and intercompany elimination. As this component is an integrated part of IFS Applications, it is possible to capture subsidiary balances at any time and directly drill down to underlying