This scenario applies if you use step consolidation with rollup companies.

The subgroup currency and local currency of rollup companies used in step consolidation should be identical. To ensure that these currencies are identical after the changeover to the euro, you need to assign the ledger and rollup company to the same package.

The following values are reconciled in the balance carryforward:

• Ledger currency amounts

• Local currency amounts for the rollup companies

Reconciliation does not ensure that ledger currency values and local currency values are consistent, because the values have different levels of detail:

• Values for the rollup company are summarized subgroup values. Detailed values for companies and posting levels are lost.

• Values in ledger currency are detailed.

After the changeover to the euro, you can check for any differences between ledger currency values and local currency values for the rollup company. You do this by generating a report to compare subgroup values and rollup company values.

You correct any differences by generating a new extract from step consolidation for the next closing.

As with step consolidation in a single system, ledger currency amounts in the system supplying data to Consolidation only match local currency amounts of the rollup company in the system receiving data from Consolidation, when a new extract is generated in step consolidation and imported into the receiving system. This happens during the next closing.