Review group structure
Product subscription required: IRIS Elements Accounts Production Enterprise
You can select which undertakings and periods are included in the group consolidation in the group period's Group Structure.
Before you begin
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Complete Entity Setup for each undertaking's standard period.
If parent company uses FRS102, undertaking must use FRS102, FRS102 1A, or FRS101. If parent company uses IFRS, undertaking must use IFRS or FRS101.
Select a period for each undertaking
You must select a current period for each undertaking before the consolidated trial balance can be populated.
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Go to Group accounts.
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Go to Group Structure.
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For each undertaking, select a period in Current Period.
The list only shows periods that overlap with the group period. Periods already selected in other group periods for the same undertaking are not shown.
Include undertakings
Subsidiaries are included in the consolidation by default. Associates and joint ventures are excluded by default.
Use the toggle in the Include column to include or exclude undertakings.
Excluding an undertaking removes it from the automatic consolidation but you can still manually add its trial balance data in Source Data. Learn more in Add group account data.
Subgroups
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Subgroup undertakings inherit their default Include setting from the subgroup's own group period.
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If you exclude the subgroup parent, all of its undertakings are also excluded.
Next step: Add group account data