Group Adjustment Companies
By using the group adjustment company option, you can
simplify the handling of transactions when consolidating groups
on different levels. You can add a new company to a group and store the
transactions you want to consolidate in the group alongside period
values. Postings on the new company consist of group adjustments
and intercompany eliminations generated by the system.
If you want to create a group adjustment company automatically, activate a group company that does not have a pre-defined group adjustment company connected to it. Once you activate the group company, the Generate Adjustment Company button is activated.
Note: The group adjustment company is a fictive company created for system use. It is not possible to enter period values, company journals or acquisition values. You can, however, run reconciliations on these types of companies.