Import the consolidation data from a subsidiary

To import the consolidation data from the consolidation units to the branches of the parent company, use the Import consolidation data (GL509000) window.
For access to the websites of the units, the system uses information provided in the Consolidation (GL103000) window.
The financial data will be imported from the database of the consolidation unit to the specified ledger of the parent company.
To consolidate data of different types, such as actual data and budget data, import them to different ledgers in the parent company.

  • Make sure that the previous financial year is closed before importing the data for the first time in the new year.
  • Make sure that in the parent company, all financial periods for which the data is available in subsidiaries are activated.
  1. Log in to the parent company.
  2. Go to the Import consolidation data (GL509000) window.
  3. In the list of consolidations, select the check box(es) for the consolidations that you want to process.
  4. Make sure the consolidation branches to which the data will be imported from the consolidation units are specified correctly.
  5. Click Process.

Data is imported for all open periods, and only data posted to the source ledgers of the consolidation units after the previous consolidation will be imported to the specified consolidation ledgers of the parent company.

You can prepare and review the trial balance and proceed with preparing financial statements for the parent company.