In economical accounting, the phrase “consolidate” typically refers to the consolidation of economic statements whereby all subsidiaries report under the umbrella of the parent enterprise. In financial accounting, consolidation is outlined as being a list of statements that presents (consolidates) a dad or mum and subsidiary firm as 1 corporation. https://www.betterbusinesspros.com/regain-control-of-your-finances-with-effective-credit-card-debt-solutions/