Consolidated engagements

A consolidated engagement combines the financial data of multiple related entities, such as a parent company and its subsidiaries, into a single engagement file. You can view consolidated balances, post adjustments across entities and prepare consolidated financial statements.

In a consolidated engagement, the interface shows entity-level detail in several areas of the application. The following topics cover key workflows for consolidated engagements:

• Create a consolidation engagement — Set up a consolidation hierarchy, link subsidiary entities and import trial balance data.

• View data for consolidated engagements — View consolidated account balances, filter by entity and understand how data appears across entity columns.

• View adjustments for consolidated engagements — Work with adjustments in a consolidated engagement, including entity indicators on adjustment detail lines.