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

General Ledger Set-up with Multiple Entities

Received Response
38
Views
2
Comments
edited Mar 12, 2020 4:43PM in General Ledger & Intercompany 2 comments

Summary

I would everyone's experience with using 1 Ledger per Multiple entities vs. setting up 1 legder per entity

Content

We are going to be setting up a new Entity and may have additional entities in the future. Entities will be on the same calendar, same currency, same country, and can use the same Chart of Accounts.

In looking at the set-up options, I'm not sure what the benefits would be if we set it up as:

1. 1 Ledger per entity. How does that set-up allow entities to transact with each other. Is it harder to get a consolidated trial balance with that?

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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