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Parent Entity Movement form one parent to another parent

in Financial Consolidation and Close 10 comments

Hi, I have a scenario as below.


Currently Parent B is directly rolling up to Parent A but when we introduce new Parent A1 in between A and B then we are facing the same issue as there is no Opening balance for Parent A1 but we have in Parent B and A which is coming from last period.

My Question is, what is the best way to post a journal to fix this issue as we need to post a journal at parent, should we post at translated currency or Entity Currency? and will it create any CTA issue for future period ? as we have Flow type accounts.

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