Dear All, I have noticed a difference in the consolidation of the company. I would like to expalin How we went ahead with consolidation matching with US and UK company.
1. We have 2 comapanies called USA and UK and we have done consolidation in Company A. 2. After consolidation we have taken Profit and loss and Balance Reports seperately from Trial Balance (TB) of US, UK and A Companies In Trial balance some of the Chart of accounts is not matching with the consolidation Company COA. After going thru one of the accounts there are some exchange adjustments posting to these accounts which is giving different balance and These amounts are not reflected in TB of Consolidation Company A. In Consolidation Company we are not able to differ the transactions of the US or Uk company. The problem I noticed is basically In Accounts receivable and Payable and some COA which have dealt with other currencies. Can anybody suggest me on How to go ahead with tallying the Trial balance of consolidation company A with Individual Company US and Uk. Thanks in Advance. With Regards, Pravin Chandra .Gs
