Definicja consolidation entry (FI-LC)

Co znaczy CONSOLIDATION ENTRY (FI-LC):

Journal entries that transfer the corporate valuation of individual financial statements to the consolidated financial statements.

These include:

Eliminating entries for Intercompany payables and receivables Intercompany revenue and expense Intercompany profit and loss in transferred assets Intercompany profit and loss in inventory subgroup-consolidating entries Consolidation of investments Reclassifications on a group level