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Aug 15, 2006 at 02:23 AM

Consolidation COA

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Dear Friends:

ABCZ company has three divisions or areas of business. It is into textiles,manufacturing,travels.

As per my opinion, we have to create three company codes. Should we go for single controlling area or multiple? If we are going multiple controlling areas, should we assign each company code to respective controlling area?

for ex: textiles co.code - textiles controlling area

manufacturing Co.code - manufacturing Controlling area

Travels - Travels manufacutring area

At the end of fiscal year, if the company wants a consolidation P/L & B/S for all the three divisions, Should we implement consolidation COA?

For Operating Chart of Accounts & Consolidation COA, should we use one chart of accounts?For Consolidation COA, should we use FS00,to upload all the GL?

Please advise.

Thanks&Regards

MSReddy