Frequently Changing Hierarchies
SummaryHow to perform GAAP reporting on Legal Entity Rollups in ERP Cloud
All we have a use case, which I don't think is that unique, yet I am struggling with how to resolve.
Use case is: Company as 20 seperate and distinct legal entities. LE 2 - 10 roll to LE 1, which rolls to P1. LE 12 - 20 roll to LE 11, which rolls to P2.
In Q1, all entities are as the appear above. In April, LE 9 and 10 move to a new LE, LE 21, P3. Also, in April, LE 13 moves under LE2, P1. In Jun, LE 9 moves BACK under LE1, P1.
Per GAAP, YTD Financial reporting for P1, P2, and P3 must show