Consolidated Ledger > General Guidelines in CL Module Implementation

To implement the Consolidated Ledger (CL) module perform the following procedures:

1.Activate and set up the General Ledger (GL) module.

2.Using the functions in either the GL or CL module, set up the chart of accounts for the consolidation company and, if you have not done so, for each company that will be consolidated.

3.Access the following Maintenance functions and set up the records necessary to create transactions in the CL module:

•Chart of Accounts Maintenance

•Chart of Accounts Mapping

•Currency Exchange Maintenance

When you finish performing the above steps, you are ready to begin your normal cycle of creating transactions for the companies to be consolidated, consolidating the companies’ data and generating consolidated reports.