Consolidations for SunSystems is purpose built to automate the consolidation process.
The source ledgers can
- be from multiple SunSystem source entities
- be from multiple versions of SunSystems
- be on different physical servers
- have the same or different chart of accounts
Source entities can
- be fully owned, partially owned or joint venture entities
- have different base or reporting currencies
- extract partial data such as debtor data only
The target ledgers can
- transpose source data into specific consolidation fields, for example post source database or ID into a separate field
- group and aggregate data
- keep transactions at summary or detail level
- handle all reporting currency and translation requirements
Benefits
- Any consolidation step can be reversed at any time
- The consolidation process is very fast
- There is a full audit trail of all transactions and processes, unlike the spreadsheet method
- The process can be run at any level within the consolidation structure
