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Reply from jinderavi on Oct 6 at 9:53 AM Hi Kola,
Thanks for your reply.
The requirement is, we need one reporting for LOCAL GAAP and another for
IFRS.
Defining at Depreciation area level might help, but with complications.
I read a statement wherein the Fiscal year defined at Company code level is
considered even for asset accounting (parallel ledger concept)
We still have no clarity, how it works. Need to see the real issues.
Regards,
Ravi
| | | ---------------Original Message---------------
From: KolaM
Sent: Tuesday, October 06, 2015 9:22 AM
Subject: We Need Two Different Fiscal Year Reporting In Asset Accounting
Hi,
Why do you need two different fiscal year reporting for assets accounting?
I don't think it is professional.
One fiscal year is recommended for good record keeping.
Regards,
Kola MOSHOOD |
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