Consolidating companies on different standards
Period end
Situation
A subsidiary uses a different chart of accounts from the parent.
Recommendation
Seed the Group chart from the parent CoA, use suggest map, validate unmapped before trusting group P&L.
Why
Unmapped accounts do not reach group figures; check unmapped before reading consolidated P&L. lock_period_on_consolidation can lock entity periods after the run is approved.
Steps
- Seed the Group chart from the parent CoA.
- Use suggested mapping per subsidiary.
- Run unmapped validation and clear it.
- Run and approve the consolidation.
Avoid
- Trust group P&L while accounts remain unmapped.
Roles & permissions
Consolidation accountant.