How to create a consolidated company

Consolidate the parent and subsidiary companies to merge financial records into one statement in Sage 50 Accounting.

You can only create a consolidated company in Premium or Quantum.

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1. Open a subsidiary or parent company. If you use security, enter the password for the sysadmin user.
2. In the Home window on the File menu, click Consolidate Company.
3. Click Next to start the wizard. Identify whether the current company is the parent company or a subsidiary company.
4. Enter a consolidated company file name. The wizard will create a new data file (.csi) for the consolidated company.
5. Click Next to continue.
6. Click Add to identify one or more subsidiary companies, then click Next to continue.
7. Select the company and then click Relate to map accounts manually.
8. Choose to show all unmapped accounts.
9. Beside each unmapped subsidiary account, click the Find button in the Consolidated Parent Accounts column to identify a parent account to map to.
10. Click OK when you’ve matched all accounts.
11. Repeat steps 7 through 10 for each subsidiary company that requires account mapping.
12. Click Next and then finish the wizard.