Transactions for a consolidated master client
For a consolidated master client, you can use the
Enter Transactions
screen to enter tax adjustments, potential journal entries, and eliminate journal entries that will apply to all subsidiary clients after consolidation.To access the screen, select
Actions
, then Enter Transactions
. These entries apply to all subsidiary clients after consolidation.
note
The system uses the
Eliminating
journal entry type to calculate adjusted balances for the client in a consolidated master client. This is similar to how it uses a Adjusting
journal entry in a regular client.