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Former Member
Mar 30, 2008 at 07:05 PM

SEM-BCS Version configurations

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Dear Gurus:

I have the following scenario:

one parent company with 2 sub groups one on GAAP and another on AUS accounting technique.

a) I am creating 3 versions 1 for GAAP 1 AUS and 1 for consolidated parent group.

Is it the right way to do it?

b) Interunit elimination executed on Version1 for US Group cos Version 2 for Aus group cos and 3 for both US and AUS cos.

c) Can the client change the COI method - Purchase and Equity as and when they need? Is there any regulation restricting method changes?

Please respond at your earliest.

Thanks in advance.

Sri

Edited by: Bansidar Gunnia on Mar 30, 2008 9:07 PM