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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%