Bulgaria currency change - how to transfer balances from old entity to the new mid year?
Summary:
We now have 2 Bulgaria entities (one in BGN and one in EUR) and are looking for the easiest option to transfer 2026 balances from the Old entity to the New entity, or how we can create a Parent for both entities to keep balances in Old entity as is and start recording in the New entity.
Content (please ensure you mask any confidential information):
We found out about the Bulgaria currency change in 2026, so we created a NEW Bulgaria entity that reflects the EUR currency. However, since we already started recording transactions in the OLD Bulgaria entity for 2026, we want to see if its possible to somehow transfer the balances from Jan 1 2026 to the NEW Bulgaria entity in FCCS (including historical accounts like Retained Earnings) - Is there a workaround that allows this behavior? Or is there a way to create a Parent entity for these two Bulgaria entities (OLD and NEW) where the Parent will reflect the accurate Bulgaria