> For the complete documentation index, see [llms.txt](https://docs.kick.co/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.kick.co/accountants/bookkeeping-workflows/consolidation/set-up-a-consolidation-group.md).

# Set Up a Consolidation Group

Create a consolidation group and choose the ledger for each entity.

After mapping the ownership structure, create a consolidation group to choose the parent, subsidiaries, and ledger each entity contributes to consolidated reporting.

***

### Before you create a group

To create a consolidation group, you need:

* A client on Advanced or Enterprise
* At least two business entities in the workspace
* An active Equity relationship from the parent to each subsidiary
* An [accounting ledger](/accountants/setting-up/ledgers.md) for every entity in the group

Wholly owned subsidiaries can be included in consolidated totals. A partially owned subsidiary can appear in the group but remains **Not consolidated**.

→ [Use the Ownership Canvas](/accountants/bookkeeping-workflows/consolidation/ownership-canvas.md)

***

### Create a consolidation group

1. On the Ownership canvas, click **Consolidate** in the toolbar.
2. Select the entities to include.
3. Set one entity as **Parent** and at least one entity as **Subsidiary**.
4. Click **Continue**.
5. Select the ledger for each entity.
6. Click **Consolidate**.

The full-screen flow is titled **Add consolidation**:

* **Select parent and subsidiary entities**. Step 1 of 2, with Entity, Entity type, Ownership, Members, and Role columns.
* **Confirm ledger basis to consolidate**. Step 2 of 2, which adds a Ledger column with a selection for each entity.

To start with a parent and its wholly owned subsidiaries already selected, select the parent entity on the canvas and click **Consolidate** in the command bar.

{% hint style="info" %}
Consolidation supports a flat parent and subsidiary structure. A subsidiary owned by another subsidiary, an entity owned by a different parent, or an entity already in another consolidation group cannot be included.
{% endhint %}

***

### Find the consolidation group

After creation, the group appears in two places:

* On the canvas, the group pill is labeled **\[Parent entity] (Consolidated)**.
* In the Entities area of the left navigation, the row is labeled **\[Parent entity] (Consolidation Group)**.

Expand the navigation row to open **Profit & Loss**, **Balance Sheet**, or **All reports**. Group members remain in the regular entity list.

***

### Update a consolidation group

Select the consolidation group on the canvas to review its settings:

* **Details**. The group name and parent entity.
* **Ledger basis**. The ledger selected for each group member.
* **Reporting**. Links to the **Elimination Ledger** and the consolidated [Profit & Loss](/accountants/reports/profit-and-loss.md) and [Balance Sheet](/accountants/reports/balance-sheet.md).

Use **View Reporting** in the command bar to open all reports for the group.

***

### Unconsolidate a group

1. Select the consolidation group or its parent entity.
2. Click **Unconsolidate**.
3. Confirm **Unconsolidate**.

Unconsolidating dissolves the group. The entities and their relationships remain on the [Ownership canvas](/accountants/bookkeeping-workflows/consolidation/ownership-canvas.md), so you can create another group later.

***

### Next step

After creating the group, review its consolidated financial statements and eliminations.

→ [Review Consolidated Reports and Eliminations](/accountants/bookkeeping-workflows/consolidation/reports-and-eliminations.md)


---

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