Definicja preparation for consolidation (FI-LC)

Co znaczy PREPARATION FOR CONSOLIDATION (FI-LC):

A preparation of individual financial statement data, ensuring that it can be passed on to the Consolidation system in a form in which it can be processed.

These preparations are a prerequisite for the automatic transfer of data from the SAP applications Financial Accounting (FI), Profit Center Accounting (PCA), Materials Management (MM) and Sales and Distribution (SD) into the Consolidation system.

These systems, in which data is initially entered prior to consolidation, have the capability of managing the necessary additional account assignments in their documents and passing them on to the Consolidation system when data is transferred.

The following are examples of additional account assignments:

Transaction type Trading partner Currency Acquisition year

Some of the functions involved in preparations for consolidation can also be used independently of the SAP Consolidation system to reconcile payables and receivables, or revenue and expenditure, between subsidiaries and send data to the parent company's Consolidation system.