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Branch/Sub Branch Reporting in China

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edited Apr 15, 2020 2:44PM in Tax & Global 3 comments

Summary

Reecomended Setup for reporting by Branch/Sub Branch In China

Content

There is we believe a legal requirement in China for banks to produce Profit and Loss and Balance Sheets by Branch.

Is there a recommended way of setting up Fusion to enable this?

Current thinking is to have one balancing segment value for each branch/sub branch which will currently lead to approx 500 different values

All Intercompany invoicing is done via PPM which makes having 100's of legal entity values somewhat tedious

Any suggestions gratefully received

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