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Oct 25, 2016 at 07:04 PM

BPC 10.1 NW Consolidation Dual accounting standards

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Hi Experts,

I am facing the new business scenario of that different accounting standards with different fiscal periods in consolidation area.

The software environment is BPC 10.1 NW embedded.

We have reporting and consolidation requirements in IFRS on calendar year Jan to Dec and local accounting with fiscal year April to March.

Does the embedded version allow for using different versions (Category) Ids in the same BPC model with multiple Time Hierarchies?

or

is it still better to use different models for IFRS and Local GAAP due to the complexity in creating the Time dimension, opening balance calculations and the custom measures?

Any advice on this will be greatly appreciated

Thanks

Ashit