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

Parent Entity Movement form one parent to another parent

Received Response

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.

Howdy, Stranger!

Log In

To view full details, sign in.


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