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View Full Version : Consolidated/Subsidiary Companies


Itsonlyme
09-05-2006, 01:41 PM
Hello,

I am preparing to convert to peachtree premium 2006 and would like to make use of the company consolidation feature and had a few questions.

1.) When and how is the consolidated company g/l updated by transactions entered in the subsidiary companies? Is this a seperate process or does the consolidated company automatically update as transactions are entered in the subs?

2.) If I choose to remove a subsidiary company mid year from the consolidated company and click the reconsolidate company button, are all transactions from that subsidiary removed from the consolidated company?

3) Do all accounts in the sub companies have to be exactly the same as the consolidated company?