Product basics
Configure federal consolidation structures for non-life/life, subsidiary, divisional, and top consolidations.
Federal structure for non-life/life consolidation
2 Subsidiary Consolidations
1 Elimination
Set up one Subsidiary Consolidation with all 1120C returns.
Set up the other Subsidiary Consolidation with all 1120PC returns. If you set up the insurance consolidation differently, it won't consolidate correctly.
Federal structure for subsidiary and divisional consolidation
It is permissible to have a Subsidiary Consolidation and/or Divisional Consolidation in the Subsidiary slots. (There can be multiple Divisional Consolidation and Sub Consolidations under a Top Consolidation).
SubCon Structure Option 1
- 1 Parent
- 1 Elim
- 1 or more subs
SubCon Structure Option 2
- -1 Elim
- -1 or more subs
DivCon Structure
- 1 Elim
- 1 or more divisions
Federal structure for top consolidation
1 Parent
1 Elim
1 or more Subsidiaries are optional.
If you have a Subsidiary Consolidation or a Divisional Consolidation functioning as the parent, the Federal Return does not need a return with a Parent Entity Type.
