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 theOptionswindow for the Enter Transactions screen, the following fields are limited:
- TheData entry methodis set toJournaland can't be changed.
- TheBank accountis unavailable.
- TheTypeis set toJournal Entryand can't be changed.
- In theFields to Skiptab,Bank accountandSalesare selected and can't be changed.Period end,Frequency, andPeriod beginare not marked and can't be changed.
- In theDistribution Columns to Skipsection,1099and1099 Detailsare selected and can't be changed.
- TheBalance Definitionswindow 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 theView Maintenancewindow on the Trial Balance screen, theEliminating JEamount type is available, but theReport,Other,Adjusting JE,Reclassifying JE, andOther JEamount 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 theZero account balancesoption is selected and can't be changed, and theClose accounts by individual segmentsis not marked and can't be changed.
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Create a consolidation master client
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