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Dynamics 365 Community / Forums / Small and medium business | Business Central, N... / Consolidation Company ...
Small and medium business | Business Central, N...
Answered

Consolidation Company and fiscal year

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Posted on by Nicolas Payan 8

Hello Everybody,

I am trying to re run a consolidation, but when I try it show me the following error message

"You must create a new fiscal year in the consolidated company."

pastedimage1671027750358v3.png

pastedimage1671027641431v1.png

The first time I run it I had the fiscal year open but now i got it closed, why is this happening?

should I have the fiscal year open in the consolidation company?

pastedimage1671027728303v2.png

Regards,

Nicolas Payan

I have the same question (0)
  • Suggested answer
    Nitin Verma Profile Picture
    Nitin Verma 21,688 Moderator on at
    RE: Consolidation Company and fiscal year

    Hi,

    Please refer the below link

    learn.microsoft.com/.../finance-consolidated-company-reporting

  • Verified answer
    Valentin Castravet Profile Picture
    Valentin Castravet 29,837 Super User 2025 Season 2 on at
    RE: Consolidation Company and fiscal year

    This error happens because when you run the consolidation function in a closed fiscal year it will check in the Accounting Periods page if you have future fiscal years after the consolidation period open.

    It will check if you have two lines that have the 'New Fiscal Year' field set as yes and the 'Closed' field set as no. Based on your screenshot you only have only one such line (7/1/2022).

    To fix your error create a new fiscal year for 2023 and running the consolidation for your date range (7/1/2021 to 6/30/2022) should work.

  • Nicolas Payan Profile Picture
    Nicolas Payan 8 on at
    RE: Consolidation Company and fiscal year

    Hello, Valentin.

    Thanks a lot, the issue was solved.

    Regards,

    Nicolas Payan

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