Account hierarchy with Parent4, Parent1 and Child Value (Parent2 and Parent3 being blank)
Hi Community,
I need expert help on hierarchy.
Summary:
Right now we have account hierarchy for revenue and expense accounts. Parent4, Parent3, Parent2, Parent1 and Child values. Parent1 has the budget labels (used for budget control). Lets call it ACCOUNT_BUD_HIERARCHY
Now there is a requirement to add the hierarchy for Asset and Liability accounts (only for reporting purpose). Business has mentioned that they only have Parent4, Parent1 and Child values for this asset-liability hierarchy.
1- Should be load asset-liability hierarchy in the same revenue-expense hierarchy (ACCOUNT_BUD_HIERARCHY)? if yes, will this be fine considering that asset-liability will only have parent4 and parent1 and also its for reporting.
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