Consolidation workflow guide

Set up the organization profile, users, billing, permissions, and organization-level settings first.

ForecastFix starts with a controlled organization workspace so finance, accounting, and reviewers work from one governed environment.

Review market rates and currency conversion settings before loading foreign-currency data.

Currency setup is handled before data loading so translated balances and reports use transparent assumptions.

Create consolidated and local charts, manage import formats, and map local accounts.

Local charts map into a consolidated reporting chart, with closed-period controls before account structures affect live data.

Create entities, assign currencies and local charts, define ownership, and confirm company access.

Entity setup connects companies to charts, currencies, ownership, and access controls before data is loaded.

Define departments, segments, and other reporting dimensions before data entry and validation.

Dimensions keep department, segment, and custom reporting views consistent across trial balances, journals, and reports, with locked-history controls.

Post consolidation, manual, and intercompany journals after the setup structure is ready.

Manual, consolidation, intercompany, and close journals flow into refreshed balances with reviewable source detail.

Upload or import actuals and forecasts, then validate account, period, currency, and dimension rows.

Trial balances are loaded, validated, mapped, and refreshed into the reporting engine with clean issue resolution and locked historical cycles.

Open, close, and audit reporting periods so completed periods stay controlled.

Period controls hard lock closed cycles while keeping current work editable, reviewable, and traceable.

Treat closed periods as hard locked. Changes that would affect closed trial balances, journals, mappings, accounts, dimensions, charts, or companies are blocked.

Historical changes use a governed reopen, fix, validate, refresh, and close workflow. Closed periods are not recast in the background.

Map consolidated accounts into financial statement lines before refreshing reports.

Statement mappings connect consolidated accounts to report lines, so every report can drill back to source detail.