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FCCS= how to redirect opening balance for a moved subsidiary to the new location

edited Feb 18, 2021 10:15AM in Financial Consolidation and Close 8 comments

Content

Hi all

We have moved a subsidiary from one parent to another this january 2021, but the opening balance is not reflected under the new perimeter. Here is the scenario: 

Old Parent relation: 

[OldParent].[SubsidA] 100% subsidiary

Now the SubsidA above is set to INACTIVE

New location: 

[NewParent].[SubsidA] 100% Subsidiary SHARED

NOTE: Both have the same currency.

 

The FCCS_Opening _Balance is empty under the new location. Is there a way to redirect the opening balance from the old perimeter to the new one that Shared Subsidiary?

In HFM is worked, but for FCCS it seems that we need to use a workaround. 

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