Dear All,
We are currently in ECC6.0 with New GL activated, Leading ledger set up to USGAAP, Assets deprecation area also USGAAP. Now need to implement the IFRS reporting. What is the recommended best approach for doing that? Using account based (delta posting method) or parallel ledger approach? what are the pros and cons?
Concern is that, if we go for the parallel ledger approach then we need to use multiple SAP SLO service
1. To copy the USGAAP ledger to Non-leading ledger as IFRS
2. Migrate depreciation area to IFRS leading after the dual reporting period.
3. Migrate Non-leading IFRS to leading?
We will not need these migration service if we go for the Account based solution, but am not sure what I will be missing since seems a lot of the new functions will be developed based on parallel ledger instead of the account based.
Can anybody give me some advice what are the top 3 things that I need to consider to draw the right conclusion?
Thanks in advance.
Best regards,
MJ