Consolidated Financial Statements and Financial Reporter
Dynamics 365 Finance is provided with Financial Reporter, a functionally rich and fully integrated financial reporting toolset specifically designed and developed to enable key finance users to define and create Financial Statements type reports based on General Ledger actual and financial budget and forecast values.
Financial Reporter provides extended capabilities that enable the Consolidated Financial Statements to be defined and generated without any need to perform a formal company consolidation process that includes support for the following …
- Single and Multi-Level Consolidations
- Consolidations that involve Eliminations
- Minority Interests
- Multiple Charts of Accounts across Legal Entities
- Differing Financial Calendars across Legal Entities
Note:
Financial Reporter is restricted to only report on financial actual and budget values held within Dynamics 365 Finance and can not source values directly from any external sources.
Should financial actual and/or budget values for one or more companies need to be sourced externally this requirement should be discussed with your Dynamics Consultant to determine the most appropriate solution for your organisation.
Further Information
The Microsoft Docs site provides extensive information on using the Dynamics 365 Finance, Financial Reporter to generate consolidated financial statements via the following URL …
The following Microsoft Blog post helps to provide further insight into the best approach to consolidations for your organisation in Dynamics 365 i.e. Consolidate Online or Financial Reporting
Video
The video below is from the Microsoft Tech Conference 2017 and provides an extended walk through of Dynamics 365 Finance Consolidations capabilities.
Current functionality as of Dec 2021 remains the same as presented.