Can we create multiple subsidiaries in Fixed Assets?
I am in TCS and we are booking all the assets under only one book i.e 'TCSL ASSETS' . Every transaction on asset is done through only one resposibilty i.e 'TCS FA MANAGER'. Like other Modules of finance(AP,AR) which has the subsidiary concept, Fixed asset doesnt follow any subsidary . And now we are planning to implement Subsidiaries for Fixed assets also. Can we do that? If any other expalination given with respect to this question will be appreciated.
Thanks a lot.