Consolidating and reprting
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Drill down from the financial statement on multiple dimensions.
Learn more about Deltek Maconomy Cohesive Performance Management and Business Intelligence solution, with budgeting, strategic planning, forecasting, consolidations.The report cited Grainger media relations manager Tony Macrito saying that all Niles location employees will be transitioned to Lake Forest by the end of 2017, while Northbrook employees will be transitioned by July 2018.The vast majority of the employees will be from the Northbrook location, with less than 100 moving from Niles — with their positions said to be IT and finance.A customer recently questioned whether or not we would be doing consolidations as part of our implementation.I had previously mentioned that consolidations were not in scope. Financial experts at all levels of the organization often use the terms ,in the Host Analytics world, refers to the collection of international multi-entity concerns with completely differing structures, currencies, fiscal years, charts of accounts, accounting structures, laws, guidelines etc. So, when our clients collect their data from across entities in very similar constructs and roll them up (summarize them) in a hierarchical fashion through reporting and budgeting they are performing what is known as Consolidated Reporting and not a true Financial Consolidation.