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BCS data

I have 2 consolidation version. One for the USGAAP consolidation and another one for local GAAP. To arrive at local GAAP I need to pass few adjustment entries, but can use the US GAAP version data.

Now the question, do I need to have 2 version or one signle version will do? If I go with single version Can I differentiate the data between both the GAAP with in same version by value type characters?

Edited by: Subra Manian on Sep 3, 2008 5:18 PM

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1 Answer

  • Best Answer
    Sep 03, 2008 at 03:24 PM

    If the adjustments to local GAAP are not interunit where eliminations are relevant, then one version is possible with reports for local GAAP including these adjustments by document type, and the US GAAP excluding them.

    Otherwise, it is best to have separate versions and copy the US GAAP data to the local GAAP version and make adjustments as needed.

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    • Yep, Dan is right about possibility to replace work of selected items in general by those in a particular document. But I cannot guarantee that we may precalculate all the consequencies such a decision.

      So, Dan and I share the prudent option to go for 2 versions.