We have several subsidiary companies that close into one parent company. We have been able to successfully close the subsidiary companies but can not close the parent company. We use Online-Consolidation to populate the parent company with the subsidiaries financial numbers. Next, we go to General Ledger menu-Periodic-Fiscal Year Close-Closing Sheet. We enter the fiscal & posting dates; load the account balances from the company accounts; transfer & post the resulting information to retained earnings. Then we go to the Open Transactions menu, enter the fiscal date & retained earnings account number. When I run a Balance Sheet for the consolidated company, I get numbers that are too small to be correct for the closing balances. However, I was able to successfully close the prior year (i.e. I am able to see the correct totals in the Prior Year column of the Balance Sheet but the Current Year totals are not correct). What am I doing wrong? Is it possible I don’t have the chart of accounts set up correctly in the parent or the subs? Do you need to close the consolidated company when the subsidiary companies are closed? HELP!!! Sherry