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Account reclassification

Hi People,

Hope you are well.

I have planning to move accounts from one child hierarchy to another child hierarchy.

Assume,I have one parent hierarchy and have two child hierarchies under it namely Out source and Marketing, then now planning move few accounts from Out source to Marketing and vice versa as per financial team needed.

So if i move accounts then my historical data/amount get change for Out source and marketing for sure.How can i work around this scenario without effecting historical data and this account reclassification activity has to do every end of the financial year.

Please advice.

Thanks,

Vishu

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2 Answers

  • Best Answer
    Posted on Jul 21, 2016 at 07:09 AM

    Ups, I am not sure that TDH is the right solution for this case...

    "reclassification activity has to do every end of the financial year"

    Just create new accounts under required parent and perform reclassification using journal.

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    • Former Member Vishu Nemmikanti

      Vishu,

      I dont think keydate would be specified in epmretrieve data function. The function will always take the specified members in the function and those whose members not specified will be taken from the context.

      Regards,

      JP

  • author's profile photo Former Member
    Former Member
    Posted on Jul 21, 2016 at 05:37 AM
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    • Former Member Vishu Nemmikanti

      Vishu....Yes it would be possible to change....But then as you stated earlier it might not show you the historical data under the old node. And the user would like to see the historical data!

      Craeting new accounts for the other node would not be a good solution as there might be often changes in the hierarchy shifting!

      Currently to my mind I can think of creating a new model with time dependent hierarchy for accounts and put the current data in that and you can refer to the historical data from old model as is it with the old hierarchical structure.

      Hope this helps....

      Regards,

      JP

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