singonej
Member
We are bringing up a new company in South America that needs to use a calendar monthend for the period end. The US corporation is using 4-4-5 period end. When the month end cut off is on the same date, we do not have a problem. But if the period end is different, we are looking at possible ways to reconcile the timing differences and do the reporting for the US Corporation in the US currency.
We are considering adding a second company on the local (SA) machine that would get a copy of the daily F0911 transactions but the company would be on a different date calendar. The F0911 transactions would be stripped of the GL date/period information and then posted again using the new company period end dates. Reporting for the US would be off of this company.
Just looking for information on how others have handled similar situations.
Thanks,
Jane
We are considering adding a second company on the local (SA) machine that would get a copy of the daily F0911 transactions but the company would be on a different date calendar. The F0911 transactions would be stripped of the GL date/period information and then posted again using the new company period end dates. Reporting for the US would be off of this company.
Just looking for information on how others have handled similar situations.
Thanks,
Jane
