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Small and medium business | Business Central, N...
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Consolidated Financial Statements

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Posted on by JE-29041340-0 385
Hi:
 
I know that you can create consolidated financial statements in Business Central, by creating a separate consolidation company of some sort.
 
Can you create such consolidated reporting if you have Binary Stream's Multi Entity Management or would you, in that case, need a financial statement report writer other that what Business Central offers out of the box?
 
Thanks!
 
John
 
Categories:
Business Central
  • Verified answer
    Dallefeld Profile Picture
    Dallefeld 11,425 User Group Leader on at
    Consolidated Financial Statements
    With Binary's stream's MEM, all your companies are in the one company in BC and separated transactionally by the company code on every entry. Therefore, you are already consolidated. If you have other companies, and you desire is to see all the companies details in the a new consolidated company and you need to make sure that you consolidate the company code dimension so that all companies within each BC company consolidate. It is also possible to take all companies in CO#1 and combine then, combine all the companies in CO#2 and consolidate them so that the consolidated company only shows two companies.
  • Suggested answer
    gdrenteria Profile Picture
    gdrenteria 12,167 Most Valuable Professional on at
    Consolidated Financial Statements
  • Suggested answer
    YUN ZHU Profile Picture
    YUN ZHU 73,472 Super User 2024 Season 2 on at
    Consolidated Financial Statements
    Hi, sorry, I don't know much about Binary Stream's Multi Entity Management you mentioned.
    But generally for new customers, Finance Reports need to be created manually.
    If that's not enough, there are many customers using Power BI and Excel layout. As long as the data you mentioned can be obtained.
     
    Hopefully other experts can give you better advice.
     
    Thanks.
    ZHU

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