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I needed to consolidate a company so explain about it with a detail understanding
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First of all, you must create a new company that will be you consolidated entity. Second, you must go to your Chart of Accounts and check each accounts configuration. Look at these links for direction:
docs.microsoft.com/.../accross-how-consolidated-company-reporting
community.dynamics.com/.../how-to-run-consolidation-in-microsoft-dynamics-nav-2016
www.ebsys.com.au/.../how-to-run-consolidation-in-microsoft-dynamics-nav-2016
www.archerpoint.com/.../consolidation-microsoft-dynamics-nav-what-it-does-and-doesn%E2%80%99t-do
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