Skip to Content
0
Former Member
Jun 23, 2010 at 07:19 PM

Special GL or new company code

8 Views

Hi Experts,

We are on ECC 6.0 but new GL is not activated.

Currently there is a India company code but operating under US GAAP, now they want to roll out and use local accounting standards.

Options are

1. create new special ledger or

2. create new company code for statutory purposes while retaining current company code for India for U.S. GAAP reporting

Which option will be more beneficial if the long term plan is to migrate to NEW GL

Thanks,