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Consolidated Ledger

Consolidated LedgerAccountMate's Consolidated Ledger module provides the ability to quickly combine several companies' account balances and budget information into a single unified ledger to present consolidated financial statements and other reports. It also supports consolidation for companies with different reporting currencies, making it ideal for multi-national organizations with foreign operations. Creating a consolidated ledger is done easily by merely indicating which company is the parent will generate consolidated reports and which companies are the subsidiaries. Each subsidiary company's General Ledger accounts and fiscal periods are mapped to those of its parent so that financial data can be seamlessly transferred.

 

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