Skip to main content

Solutions

Products

Recommended products

Questions? We are here to help.
Contact us

Purchase

Questions? We are here to help.

Resources

Consolidate client data

Limited functionality of a consolidation master client

Some functionality is more limited for master clients than for regular clients.
  • In the Enter Transactions and Transaction Templates screens, only the journal entry transaction type is available. The subtypes available include eliminating journal entries, potential journal entries, and tax adjustments.
  • In the
    Options
     window for the Enter Transactions screen, the following fields are limited:
    • The
      Data entry method
       is set to
      Journal
       and can't be changed.
    • The
      Bank account
       is unavailable.
    • The
      Type
       is set to
      Journal Entry
       and can't be changed.
    • In the
      Fields to Skip
       tab,
      Bank account
       and
      Sales
       are selected and can't be changed.
      Period end
      ,
      Frequency
      , and
      Period begin
       are not marked and can't be changed.
    • In the
      Distribution Columns to Skip
       section,
      1099
       and
      1099 Details
       are selected and can't be changed.
  • The
    Balance Definitions
     window isn't available because the journal entry types are limited for master clients and it's best to round balances in the subsidiary clients before consolidating.
  • In the
    View Maintenance
     window on the Trial Balance screen, the
    Eliminating JE
     amount type is available, but the
    Report
    ,
    Other
    ,
    Adjusting JE
    ,
    Reclassifying JE
    , and
    Other JE
     amount types aren't available.
  • When you change the posting period, the application doesn't carry balances forward during the year-end close because when you consolidate client data in the new year, the balances come from the subsidiary clients. The application automatically consolidates beginning balances during the consolidation process, so the
    Zero account balances
     option is selected and can't be changed, and the
    Close accounts by individual segments
     is not marked and can't be changed.

This article applies to:

  • PRODUCT: Accounting CS
  • Subject: Consolidations

Related Content

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close