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Periods Control at Ledger/Legal Entity Level — Cloud Customer Connect
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Periods Control at Ledger/Legal Entity Level

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Summary:

Can we open/close periods by a combination of the ledger and legal entity?

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Hello - We have a scenario where a single ledger contains multiple legal entities and the business need is to control open/close periods by LE and not just by the ledger. I know as per std. functionality, period controls are at the ledger level. One solution option could be to set up a separate ledger per LE however that will increase our ledgers configuration just to meet this requirement without having a real ledger-related need which I would like to avoid. Have any of you faced a similar situation earlier and used any workaround? Pls let me know. Appreciate

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