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Applies to Product - Dynamics 365 Business Central

What’s happening?
Inquiry whether the consolidation function in Business Central (BC) can consolidate budgets and if it supports multi-currency conversion.


Reason:
It has been determined that it is not possible to consolidate budgets in Business Central.


Resolution:
According to Microsoft documentation, while Business Central allows for the consolidation of financial data across multiple companies, it does not support the consolidation of budgets. The following points summarize the capabilities of Business Central regarding consolidation:

  • Consolidation can occur across companies that have different charts of accounts.
  • It supports companies that use different fiscal years and different currencies.
  • Users can consolidate either the full amount or a percentage of a company's financial information.
  • Different currency exchange rates can be used in individual general ledger accounts.
  • Consolidation is possible for companies in other accounting and business management programs and in different Business Central environments.
For further information, refer to the following documentation: - Consolidate data from multiple companies - Business Central - Set up company consolidation - Business Central