To display all adjustments to account balances of child entities for a parent, including journal adjustments, intercompany eliminations, and adjustments from consolidation rules, which type of report should you run?

• A. Consolidation Report
• B. Journal Report
• C. Intercompany Report
• D. Financial Report

Answer: (A)

In FCCS, when you want to see how each child’s balances are adjusted to the parent, you use the Consolidation Report because it aggregates all consolidation-related adjustments in one place. This includes journal adjustments posted during the consolidation process, eliminations of intercompany transactions, and adjustments that come from consolidation rules (such as currency translation effects or other rule-driven adjustments). The report is specifically designed to show how the child balances are modified to arrive at the parent’s consolidated balances, giving you a complete view of the consolidation adjustments. A Journal Report would show journals themselves but not the full set of consolidation adjustments applied across the consolidation, an Intercompany Report focuses on intercompany transactions and eliminations without capturing all rule-based adjustments, and a Financial Report presents the final statements rather than detailing the adjustment flows.