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Consolidation Microsoft Dynamics AX 2009 One single world-wide instance Consolidation of Brazil, China, India, Japan, and Thailand GLS layers September 2008 Table of Contents Introduction................................................................................................5
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What is consolidation?
Consolidation is the process of combining financial information from multiple entities into one.
Who is required to file consolidation?
Companies that have subsidiary entities are required to file consolidation.
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Consolidation is typically filled out by preparing consolidated financial statements that include the financial data of all subsidiary entities.
What is the purpose of consolidation?
The purpose of consolidation is to provide a comprehensive view of the financial position and performance of a group of companies.
What information must be reported on consolidation?
Consolidation typically requires reporting financial statements, including balance sheets, income statements, and cash flow statements, for all subsidiary entities.
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