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Aug 29, 2022 at 12:41 AM

consolidate leading ledgers

189 Views Last edit Jan 06, 2023 at 07:05 AM 4 rev

The following scenario is the preparation for buying SAP S4HANA.

Please give us an answer.

A company owns (parent) many companies (children) in every content.

the parent company has no sap ERP and no experience in using SAP products and decide to buy sap s4hana including some modules and FICO is one of them.

Some of the children’s companies have SAP ERP and some have not.

the companies use different accounting standards.

For control purposes, the parent company established some entity groups for example two companies located in Africa and 5 companies located in Europe are under one group (say group 1).

Question:-

How to design General Ledger GL for the parent company and its children’s companies to enable the parent company to get a unified balance sheet and PL statement.