Multi-entity

Entity structure, currencies, dimensions, consolidation, and group reporting.

45 minAdvanced0% complete

Intended role: Accountants in multi-subsidiary or multi-location organizations
Goal: Operate many entities in one instance and produce a consolidated view
Done when: You can explain entity, currency, dimensions, and consolidation as one operating model.

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Continue with Multi-Entity Management

Lesson 1
Understand Multi-Entity Management
Entity hierarchy, shared masters, and intercompany are the operating model.
Confirm: set up a multi-entity company
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Lesson 2
Understand Multi-Currency
Each entity may transact and report in its own currency.
Confirm: configure multi-currency for an entity
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Lesson 3
Understand Dimensions
Location and entity-aware dimensions keep reporting useful without exploding the chart.
Confirm: use dimensions across entities
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Lesson 4
Understand Consolidation
Eliminations and translation produce the group set of books.
Confirm: run a consolidation
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Lesson 5
Understand Financial Reporting
Consolidated statements are the output the board and auditors consume.
Confirm: run a consolidated income statement
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Understand Multi-Entity Management