The requirements for multi company consolidations (Consolidated Company) are that (1) all companies must be running the same Accounting Method - Cash or Accrual, (2) all companies must be running the same Fiscal Period Structure, and (3) any repeating Chart of Account numbers within the companies being consolidated must be the same Account Type, i.e., Cash, Other Assets, etc. Also, one best practice tip would be to make sure that Chart of Account numbers in each company that may be repeating don't represent different things, i.e., if 58000 represents Telephone Expense in one company then 58000 in another company shouldn't represent Office Supplies.

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