business area consolidation

Consolidation (EC-CS)

In business area consolidation, consolidation groups are constructed for the business areas to be consolidated.

The objective is to generate the closing statements for business areas, in which the internal relationships between its consolidation units are eliminated.

For instance, the consolidation units of a business area could consist of the combination of the company code and business area.

Consolidation (FI-LC)

A consolidation based on consolidation units, which are each comprised of one company and one consolidation business area.

Its objective is to generate the closing statements for a business area, in which the internal relationships between its consolidation units are eliminated.