What setups are required to accommodate the new legal entity with a new currency ? — Cloud Customer Connect
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

What setups are required to accommodate the new legal entity with a new currency ?

Looking for expert opinion on which setups should be done.

Currently my client has only a primary ledger with a legal entity operating in MUR and this currency has already been defined at ledger level.

We have the requirement to set up a new legal entity which operates in USD, and reporting and consolidation will now be done in USD instead of MUR.

How this can be achieved in terms of setup ?

  1. If the ledger should be an independent one, what are the setups which entails ?
  2. If the client wishes to carry forward the balances from MUR to USD, how this can be done ?

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!