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Former Member
Sep 22, 2014 at 07:41 PM

Transfer of project balances from one Internal order type to another Internal order type at year end


Hi Gurus,

There is a situation where business is using one internal order type to manage long term projects. They settle the balance of these internal orders to GL Account at every period end. And they also calculate interest on project where system check life to date balance of that order and calculate interest at year end.

Now from the start of 2015 business wants to use new internal order type. So, now how to transfer the life to date balance till december 2014 end, so that in january 2015, when they calculate interest on the basis of 2014 end balance on that new order, system calculates correct interest.

Ultimate requirement is to report numbers according to old order type till the end of 2014 and from 2015 new order type should be reported without hampering calculation of interest which is based on prior periods balance.

Appreciate your support.

Thank You