Let’s also assume that the manufacturer charges the retail division the same price it charges outside customers.The retailer then charges its customer .00 per widget for a total of 00.Partitions can be, for example, by data source (e.g.Parent Company, Subsidiary A, Subsidiary B), functional process (e.g. Administrators can decide who can access the partitioned data, from the ability to import, view, and edit data, to hiding a partition entirely.
By now, you’re probably asking yourself “OK, so what? Visual cues simplify the identification of source balances, elimination entries, and system-generated variances.Adaptive Consolidation ensures that elimination entries are properly converted to the currency of the organization level where the elimination takes place, and that eliminations are balanced.One of the many great ideas we heard through our product feedback program was to create a solution that simplifies the inherent complexity of financial consolidation.With this feedback in mind, we created Adaptive Consolidation in 2013 as the newest addition to the Adaptive Suite. Adaptive Consolidation is an intuitive, rapidly-deployable, cloud-based solution that allows finance to streamline the consolidation process by automating previously time-consuming tasks.