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May 21, 2018 at 01:49 PM

Set of Book Movement Type Choices

417 Views Last edit May 21, 2018 at 08:58 PM 3 rev

Dear ByD Finance Experts,

I would like to inquire which "Movement Types" shall I choose, while creating a set of books:

Default Movement Types or Movement Types for Consolidation Preparation?

Please be informed, that I need to conduct financial consolidation for several companies with same currency. And I only want one accounting standards. So, I figured out I should only choose one set of book (e.g. IFRS). But now as I see that there is no set of book which is comprehensive in terms of content of movement types (Default Movement Types is different in content from Movement Types for Consolidation Preparation); I like to ask should I keep two set of books at the system; one for consolidation and one for usual reporting?

I would like to keep only a single set of book; but at same time be able to run consolidation. I appreciate your advice.

Thank you & Regards,

Amr Abdelahleem