Versions

AccountMate 12 for SQL, Express, and LAN
AccountMate 11 for SQL and Express
AccountMate 10 for SQL, Express
LAN AccountMate 9 for LAN

Modules

CL, GL

Article #1074

It is important to understand the data flow when performing Consolidate Account Balances or Fiscal Year-End Closing in subsidiary companies, especially when there is a need to troubleshoot problems that may or may not be data-related. 

Article# 1074: Understanding the Consolidation and Fiscal Year-End Closing Data Flow, discusses how the data is transferred from the subsidiary to the parent company during consolidation or fiscal year-end closing.

This document also provides a list of steps that must be completed prior to performing Consolidate Account Balances and Fiscal Year-End Closing in the subsidiary company. The list is very important because omitting necessary steps may result in incorrect GL account balances in the parent company.