Available in Sage 50 Premium Accounting and higher.
Reconsolidate Company
How Do I...
This lets you remove unwanted subsidiary companies
or add new subsidiary companies to an existing consolidated company.
The window is available only for consolidated companies.
The reconsolidation process deletes all transactions created within
the consolidated company during the original consolidation. If you have
added any new subsidiary companies during reconsolidation, transaction
data is instead imported into the consolidated company from those added
subcompanies (as well as existing subcompanies).
Note: While reconsolidation
wipes out any transactions created in the consolidated company during
the original consolidation, all manually entered or edited transactions
are retained. Also, all maintenance and chart of account information you
have entered is retained, as well as any reports and financial statements
generated within the consolidated company.
- From the File
menu, select Reconsolidate Company.
The Reconsolidate Company window appears
with available Sage 50 companies listed in the Available
Sage 50 companies list box. All existing subsidiary companies
appear in the Selected subsidiary companies
list box.
- To add any of the
listed available companies to the subsidiary companies on the right, select
that company and then select the Add
button.
The chosen company is moved to the
list of subsidiary companies.
- To remove any of
the subsidiary companies from the consolidated company it's a part of,
select that company in the Selected subsidiary
companies list box, and then click the Remove
button.
The chosen company is removed from
the list of subsidiary companies and is placed in the Available
Sage 50 companies list box.
- If you want to reconsolidate
using available companies that do not appear in your default Sage 50
data path, select the Browse for More
Companies button.
The Select
Company to Add window appears.
- Select the appropriate
data path and the available company you want to use as a subsidiary company
in the reconsolidation. Once you select this company, it will be placed
in the Selected subsidiary companies
list box of the Reconsolidate Companies window.
- Continue adding and
removing subsidiary companies until your consolidated company is ready
for consolidation.
When you're finished adding and/or removing
companies to consolidate, there are a couple of optional tasks to complete.
- Do one of the following:
- If you want to
reconsolidate budget information for the consolidated company so that
the budget information reflects budgets for the subsidiary companies you've
added, leave the Reconsolidate Budgets
check box checked.
- If you do not
want to reconsolidate using budget information from the added subsidiary
companies, uncheck the check box.
- If any of the subsidiary
companies you've added require a user name and password to grant user
access, select the Passwords tab.
The added subsidiary companies appear
in the Company column at the left
of the grid.
- For each company
appearing on the left side, enter the required user name and password
in the User ID and Password
columns.
When finished setting up your company for
reconsolidation, do one of the following:
- Select the Reconsolidate button to reconsolidate
the company and exit the window.
- Select the OK button to save all your settings
and exit the window. Then you can return to the Reconsolidate Company
window at a later time, work more on the reconsolidation if desired, and
choose the Reconsolidate button
to reconsolidate the company.
What do you want to do next?