Which report type is used to display all adjustments to account balances including intercompany eliminations and adjustments from consolidation rules?

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

Answer: (A)

In FCCS, consolidation adjustments are the changes applied to align subsidiary balances into the consolidated set, including removing intercompany transactions and applying rules that govern how balances are presented at the group level. The Consolidation Report is specifically designed to show all of these adjustments in one place, including intercompany eliminations and the entries driven by consolidation rules. It lets you review how the parent company’s consolidated balances are formed after applying eliminations and other consolidation logic.

The other report types serve different purposes: a Journal Report lists the journals that were posted (including elimination journals if created) but isn’t a dedicated view of all consolidation adjustments. An Intercompany Report focuses on intercompany transactions and reconciliations rather than the full set of consolidation adjustments. A Financial Report presents the final statements, reflecting the end results after consolidations, but it doesn’t necessarily expose every individual adjustment that fed those results.