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Need accounting entry to be posted inorder to move the liability bal from multiple LE's to Single LE

edited May 27, 2025 9:25AM in Subledger Accounting & Accounting Hub 4 comments

Hi All,

We have a below requirement from business.

"There is a growing differential amount in Payables TB for other companies, that need to be moved to a single company within AP Subledger. Could you please let us know the process/ accounting entry to be posted in order to move this liability balance from multiple legal entities to a single legal entity."

Could you please help with the accounting entry/process in order to move liability balance from one legal entity to other legal entity within the "Payables". So that, in Payables TB, the total liability balance should be shown in single legal entity instead of multiple legal entities.

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