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Aggregation of Accounts

By properly configuring the accounting profiles for a set of accounts, a business unit can designate an account to aggregate the charges and account balances for all other accounts within its scope. To establish this scenario, the accounts selected for this consolidation need to be configured by setting the Aggregate option in the Accounting Profile to Aggregating Account. The aggregating account includes all accounts in the business unit hierarchy, including sibling accounts whose Aggregate option is set to Yes.

In cases where the aggregating account is used to maintain the account balances of all accounts included in its aggregation, the aggregated accounts are typically zero balancing accounts. An account can be configured to operate in this manner by setting its Account Type option to Zero Balance in its Accounting Profile.