What is subsequent consolidation in SAP EC-CS - Consolidation?

SAP Term: subsequent consolidation

• Component: EC-CS

• Component Name: Consolidation

• Description: A consolidation of investments activity that is triggered by internal financing but not by increases or reductions in capitalization. When applying the purchase method or proportional consolidation, the activity adjusts minority interests to account for changes in investee equity. When applying the equity method, the activity updates the immediate investors' equity in earnings of affiliates investment book value to account for the changes of the proportional equity of the unit being consolidated. Business practice deviates from the above and also refers to all consolidation activities that succeed first consolidation as "subsequent consolidations."

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• Key Concepts: 
  Subsequent consolidation is a process in SAP EC-CS Consolidation that allows for the consolidation of multiple companies into a single financial statement. This process is used to create a consolidated financial statement from the individual financial statements of each company. The consolidated financial statement is then used to analyze the performance of the group of companies as a whole. 
  
  How to use it: 
  To use subsequent consolidation in SAP EC-CS Consolidation, first create a consolidation group and assign the companies that need to be consolidated. Then, enter the data for each company into the system. Once all of the data has been entered, the system will automatically generate a consolidated financial statement. 
  
  Tips & Tricks: 
  When using subsequent consolidation in SAP EC-CS Consolidation, it is important to ensure that all of the data entered is accurate and up-to-date. This will ensure that the consolidated financial statement is accurate and reliable. Additionally, it is important to review the consolidated financial statement regularly to ensure that it is up-to-date and accurate. 
  
  Related Information: 
  Subsequent consolidation is just one of many features available in SAP EC-CS Consolidation. Other features include currency translation, intercompany eliminations, and more. Additionally, SAP EC-CS Consolidation can be used to generate reports such as balance sheets, income statements, and cash flow statements.