Consolidating company accounting functions
You can specify the accounts to post debits and credits to, and the method to use to translate currencies in the consolidated company.
Conduct technical accounting research to facilitate correct recording of accounting transactions that provide true and fair view to all stakeholders Provide qualitative technical solution to complex accounting issues and advisory on proposed transactions Ensure compliance with GAAP and other statutory requirements.
Alignment with auditors on accounting stand taken by the management II.
Dynamics 365 lets you set up a list of companies to consolidate, verify the accounting data before you consolidate it, import files, and generate consolidation reports.
If your business unit uses a foreign currency, you must specify the exchange rate to use in the consolidation.