What is 'rollup company' in SAP FI-LC - Consolidation?

rollup company - Overview

• Component: FI-LC

• Component Name: Consolidation

• Description: A company used during the step consolidation of a multi-level group to pass the consolidated financial statements of one hierarchical level on to the next highest level. The rollup company is included in the consolidation of the next highest level with the consolidated financial statement data.

rollup company - Details

• 
  Key Concepts: 
  A rollup company is a company in the SAP FI-LC Consolidation component that is used to consolidate the financial statements of multiple companies. It is a virtual company that does not have any real-world counterpart. The rollup company is used to combine the financial statements of all the companies in the consolidation group into one set of consolidated financial statements. 
  
  How to use it: 
  In order to use a rollup company, you must first create a consolidation group in the SAP FI-LC Consolidation component. This consolidation group will contain all of the companies that you want to consolidate into one set of financial statements. Once the consolidation group has been created, you can then create a rollup company and assign it to the consolidation group. The rollup company will then be used to combine the financial statements of all the companies in the consolidation group into one set of consolidated financial statements. 
  
  Tips & Tricks: 
  When creating a rollup company, it is important to make sure that all of the companies in the consolidation group have been assigned to it. This will ensure that all of the financial statements are combined correctly and accurately. Additionally, it is important to make sure that all of the companies in the consolidation group have been assigned to the same currency as the rollup company, as this