Consolidation A complete consolidation process typically starts with preparatory steps, such as setting

global parameters, checking the master data of your organizational units and financial statement (FS)
items, and specifying effective exchange rates. After that, you can proceed with collecting data reported
by consolidation units, and standardizing the data with features available in the Data Monitor. When the
data is ready for consolidation, go to the Consolidation Monitor to perform the consolidation tasks, such
as various interunit eliminations and data validation. For a list of the tasks and their descriptions, see
Data Monitor [page 92] and Consolidation Monitor [page 273]. Throughout the process, you can cross
check your processed data using reconciliation reports and currency translation analysis reports, or
generate various group reports in real time. Group Reporting (FIN-CS) Group Reporting PUBLIC 5