The Consolidated Company would be used solely to combine the three companies into one for Financial Statement purposes, as well as to handle any intercompany transactions via a General Journal Entry. If you have a change that needs to affect an individual company, you would make that change within the respective company, and then those changes would flow through to the Consolidated Company.

Tammi M. Ermerins ([email protected])

Certified Sage 50/Peachtree Accounting & Crystal Reports Consultant & Trainer

800-780-0700 / 954-961-0600, Visit Us on the Web at https://pcosupport.com

The Consolidated Company would be used solely to combine the three companies into one for Financial Statement purposes, as well as to handle any intercompany transactions via a General Journal Entry. If you have a change that needs to affect an individual company, you would make that change within the respective company, and then those changes would flow through to the Consolidated Company.

Tammi M. Ermerins ([email protected])

Certified Sage 50/Peachtree Accounting & Crystal Reports Consultant & Trainer

800-780-0700 / 954-961-0600, Visit Us on the Web at https://pcosupport.com