Step 1: What to consolidate

To complete
Step 1 What to Consolidate
:
  1. Select
    Divisional Consolidation
    from
    Entity type
    to get the Consolidations folder. The path is
    Organizer
    General Information
    Basic Return Information
    Entity Information
    Entity Type
  2. Select the
    Consolidations
    folder in the Organizer.
  3. Select
    Step 1 - What to Consolidate
    .
  4. Select
    Consolidated Returns List
    .
  5. A screen that shows the division listing appears.
  6. Review the division and eliminations names in your Organizer.
  7. Go to the  Other Divisions section and view the other members of the consolidations. The
    Return
    field is required. The
    Company Name
    and
    Division #
    fields are optional.
  8. Select
    Division Listing Complete
    after you enter all the consolidation members.
If you delete a return from the listing, you must click the Division Listing Complete button. To change a return number, delete the return number, click the Division Listing Complete button, enter the new return number, and click the Division Listing Complete button again.
Select divisional options for federal consolidations
  1. Set the entity type of each lower tier entity as Division.
  2. Where available, enter detail with Tax Combination Code (TCC) for all division. Otherwise, the detail will not be consolidated and you may see duplicate descriptions when you consolidate. The system consolidates the detail by TCC codes for all divisions and brings the detail for that information to the Organizer during consolidation.
  3. The default for a whitepaper detail is not to break it down by divisions. The detail prints in portrait format for a single partnership return. You must select one of the check boxes in the Federal Print Options (navigate to Organizer > Consolidations > Step 2 - Select Print and Calculations > Print Options) so print detail by divisions with or without the company name in order to print the detail by divisions.
State divisional rollup
By clicking the button labeled Activate ALL Divisions, the states shown are available in all divisions for a divisional rollup.
  1. In Organizer, select
    Consolidations
    Step 1 - What to Consolidate
    State Divisional Rollup
    .
  2. Select
    Activate ALL Divisions
    to activate all divisions for a specific state, such as Arizona, California, Colorado, Connecticut, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New York, Oklahoma, Rhode Island, Texas, Virginia, or Wisconsin.
  3. If you select all state buttons, when you navigate to Organizer, then
    States
    , then
    State and City Activation
    ,
    Consolidate
    is an option displayed on the dropdown under State Activation on the Common State grid.
  4. In the navigation tree, select
    Step 4 - Consolidate!
Consolidate A&A and state activation
  1. Click the State Activation and Consolidation link at the top of the State Divisional Rollup screen under the Consolidate A & A and States section.
  2. Clicking this link opens the common state spreadsheet.
  3. Notice that Divisional consolidation appears as the type under in the State Activation section of the spreadsheet for Federal.
  4. Select the down arrow to open the drop-down list for Allocation & Apportionment. Select
    Consolidate
    if you want to include A&A in the state consolidation.
  5. Select the down arrow beside an individual state to open the dropdown and select
    Active
    .
  6. If the
    Activate ALL Divisions
    button on the divisional rollup screen was clicked when activating Arizona, California, Colorado, Connecticut, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New York, Oklahoma, Rhode Island, Virginia, or Wisconsin, then Consolidate is already displayed on the drop-down list. If you did not click the
    Activate ALL Divisions
    button, but want to consolidate one of these 22 states that allow consolidation returns, you can select
    Consolidate
    from the dropdown now. For all other states, Consolidate is not available.
Chat now

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close