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Former Member
Feb 12, 2008 at 01:30 PM

Technical support/best practices for Fresh Start Accounting


Hello -

I am looking for information, past experiences, best practices etc. on how to administer a client emerging from bankruptcy. They are running SAP 4.7 for their finiancials now, and will be soon emerging from bankrupty protection and are exploring the GAAP concept of Fresh Start Accounting. They are exploring the possibility of migrating to a new client on their R/3 instance or even a brand new instance altogether with master data and config from the legacy R/3 system. I am looking for any/all information that anyone might have on similar situations. Thanks in advance.