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

Statutory vs Management reporting

Accepted answer
24
Views
7
Comments
edited Nov 17, 2020 8:55AM in Financial Consolidation and Close 7 comments

Summary

Should you create a separate scenario purely for statutory reporting?

Content

If a client's year end statutory adjustment entries are not being updated into the general ledger until 6 months post year end, but they still need to report for management reporting is it best to have a separate statutory scenario to the monthly management accounts actual scenario so that both reporting activities can be processed?

Version

20.10.70

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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