Use the Configure Consolidations Settings screen to specify your company's consolidation calculation method, whether the accounting process is year-to-date or inception-to-date. This is the first step in the consolidation process. You must select a method on this screen before completing other steps in the consolidation process.
Select the preferred calculation method for the translation of the financial statements. After you post the consolidation entries, you cannot change the method.
Costpoint uses data since the start of the year. This is the default setting.
Costpoint uses the start date of the project.
Costpoint retrieves the number in this editable field from the LAST_CONS_NO column in the PROJ_CONTL table and provides you with a reference for the last consolidation entry created. The Last Consolidation Number is stored in Project Settings. This is similar to the last number in Costpoint Inter-Company Work Orders. If you must run the consolidation process multiple times for the same accounting period, you may find it helpful to reset the number in this field.