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Using of parallel Account approach in Asset Accounting

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Hi

 

Please can you clarify  if  still we can use Parallel Account approach for for Fixed Assets where Non Leading Ledger is activated?

 

Our company is planning to go for New GL Acounting and activate non leading ledger only for some countries where different fiscal year period is there when compare to HQ.i.e HQ is following Oct-Sept and other countries using Jan- Dec reporting.

 

What our company ants to do is,

 

Use parallel Accounting based approach in HQ without activating non leading ledgers

 

and also use parallel Accounting based approach in local countries for only Fixed Asset Reporting.For all other statutory reporting we want to use non leading ledger in local countries.Is it possible?

 

regards

hinfi


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