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Locations impact on the balance sheet

edited Dec 6, 2019 10:06AM in Accounting / ERP 3 comments

Hello,

I'm trying to essentially have 2 companies (parent and sub) separated in NS via locations. I had heard that it is possible to do this as a sort-of One World without all the costs. Anyway, I created a custom balance sheet that screens all transactions that do not belong to Location B. It looks fine. I created another version that screens all transactions belonging to Location B. It is totally hosed up with a huge number in retained earnings and the wrong net income on the year. Anyone have an idea on what is wrong or if this should work?

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