View and delete consolidation transactions

Important

This content is archived and is not being updated. For the latest documentation, see Microsoft Dynamics 365 product documentation. For the latest release plans, see Dynamics 365 and Microsoft Power Platform release plans.

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

Consolidating the accounts of various subsidiaries can be time-consuming, and sometimes the records that were created for one subsidiary must be revised. Instead of repeating the consolidations of all the subsidiaries, you can delete the transactions that were created from a particular subsidiary and then run that consolidation again.

  1. Click General ledger > Inquiries > Consolidations.

  2. On the Overview tab, view the list of consolidation periodic jobs by subsidiary that contribute to the consolidated legal entity.

  3. To view the ledger transactions or budget register entries from a particular subsidiary in a selected consolidation periodic job, click Transactions, and then click Current (ledger) or Budget.

  4. To delete the transactions in the selected consolidation, click Remove transactions in the Consolidations form. This removes the previous consolidation data from the database and removes subsidiary data that must be added again.

Note

We recommend that you use Management Reporter for Microsoft Dynamics ERP to combine the financial results for multiple legal entities in a consolidated format. Management Reporter lets you create consolidated financial reports across legal entities, use Microsoft Excel to import consolidation data from other sources, and translate amounts into any number of reporting currencies without having to run the consolidation process in Microsoft Dynamics AX.

For more information about how to consolidate transactions by using Management Reporter, see Financial consolidations and currency translation.