This depends on the periiod categories and consolidation frequencies. However most are monthly and must be sequential because certain tasks are based on cumulative values and/or inversion of document for the previous period.
Consolidation of investments is periodic and not cumulative. Data collection may be periodic as well.
To ensure the data is complete andthere are not inaccuracies, my suggestion is to execute the tasks for each period in sequence of earliest period to last period.
Period 000 is the opening balances resulting from the balance carry forward task. For the balance sheet items these are the ending balances of the previous year, with automatic reclassification of current year retained earnings to prior years retained earnings item or subitem.
The balance carry forward includes all posting levels.
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