Confidence in your consolidation setup and processes is essential for your financial reporting (not to mention your team’s sanity). We’ll walk through the setup and processing of multiple companies as well as some common, and not so common challenges with consolidations and their related solutions. During the class you'll identify the financial reporting needs of your organization and how consolidations can help, understand how to configure consolidations in the system, and review how to eliminate intercompany transactions.

Class topics

• Consolidation Setup
• Consolidation Processing
• Elimination Entries
• Consolidation Reporting

Who Should Attend?

Finance and accounting team members in companies that consolidate financial transactions from more than one company or location.

Learning Objectives:

At the end of this class, participants will be able to:

• Explain the Consolidations functions and process within the system
• Run the consolidations process with intercompany eliminations
• Identify the supporting reports

Field of Study: Accounting

Program Level: Intermediate

Prerequisites: None

Advanced Preparation: Each student will receive via email connection instructions to their individual virtual classroom link and hands-on practice environment shortly before class. Connections to both resources should be tested before class. We recommend using a second monitor while attending class.

Delivery Method: Group Internet-based

CPE Credits: By participating in this class, you are eligible to earn up to 4 CPE credits which will be distributed following class completion. In order to be awarded the full credit hours, you must notify your instructor of your intention to request credit before the start of the first class. To receive CPE credit, you must be present and actively engaged, which will be verified using polling questions and other means. You will not receive CPE credit for any portion of the class that you do not appear fully engaged.

Version: This class is taught in Microsoft Dynamics 365 Business Central.

Learning environment: As experienced trainers of adult learners, we understand how to make training “stick”.  We use proven practices to make sure you retain what you learn and are fully equipped to immediately apply what you discovered in class. Each day, you will spend more than 50% of your time doing hands-on exercises in our simulated learning environment.

Refund and Cancellation Policy: Please refer to our Refund and Cancellation policy here.