A Group Audit file gives you dedicated consolidated views in place of the standard General Ledger and Import pages. These show your group figures broken down by subsidiary and let you trace how individual entries rolled up into the consolidated ledger.

This article explains what you'll see. It applies to all regions and to Group Audit files only.

What replaces the standard views

On a regular audit file, you'd work with a General Ledger page and an Import view. On a Group Audit file, these are replaced by two consolidated pages:

• Consolidation Breakdown — shows your consolidated figures broken down by subsidiary, so you can see how each entity contributes to the group position.
• Trial Balance — the consolidated Trial Balance for the group.

In place of the usual Import option, these pages offer a Consolidate action, which runs the consolidation. (Running a consolidation is covered in its own article.)

Tracing figures with Group by Transaction

On the consolidated views, tick Group by Transaction to trace how individual entries from your group entities have rolled up into the consolidated ledger. This is useful when you want to understand exactly where a consolidated figure came from, or check a specific balance back to its source entries.

Good to know

• Figures appear once a consolidation has run. The consolidated Trial Balance and Consolidation Breakdown are populated by the consolidation job. Until you've run one — or while one is in progress — you'll see a status message rather than final figures.
• Regular audit files are unchanged. These consolidated views only appear on Group Audit files. Standard audit files keep their usual General Ledger and Import pages.

Related articles

• Group Audit & Consolidation: an overview
• Setting up a Group Audit engagement file
• Running and tracking a group consolidation