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Then create a column definition that includes the columns required for the report you are creating.Finally, create a reporting tree that includes a reporting node for each of the companies that you are using on consolidated reports.When there’s more than one location, the burden more than doubles because you have to prepare each location, plus a consolidated view. In terms of consolidated financial reporting, you should look to automate the collection and reporting processes.Doing things manually is time consuming and expensive. Modern systems can automatically retrieve information from Quick Books or other accounting software, map information to a Standard Chart of Accounts, and produce standard reports such as a P&L, Balance Sheet, and Statement of Cash Flows.All ERPs use a data mart, so the companies are integrated or imported from the Configuration Console.

Understanding the relative strengths and weaknesses of each unit encourages the adoption of best practices and allows the business to become more streamlined, by sharing expenses, harnessing group purchasing power, and not repeating the same mistakes.For this consolidation method, all companies will need to be using a Dynamics ERP (Dynamics AX, Dynamics GP, or Dynamics SL) but it can be a mix of these various Dynamics ERPs.You will need to verify that each Dynamics ERP company has been set up in Management Reporter.Management Reporter can help a company consolidate their data across one Microsoft Dynamics ERP, multiple Microsoft Dynamics ERPs, or across ERPs.Consolidations can also occur at different levels, based on a company’s needs.

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