Previous years balances in GL...
Dear All,
Our implementation customer has a requirement at a higher level they wanted us to provide information of their financials (for e.g. basic Balance sheet, P & L, Trial Balance). As far as I know it is difficult to an extent unless you do not have the transactional data to get those informations.
System go-live will be in May 2010 but higher level financial data required for 2008 and 2009.
Has anyone come across a situation like this and what is the way out for us.
No historical data available in the new system (taking the opening balance and going ahead).
Awaiting for your inputs please.
Our implementation customer has a requirement at a higher level they wanted us to provide information of their financials (for e.g. basic Balance sheet, P & L, Trial Balance). As far as I know it is difficult to an extent unless you do not have the transactional data to get those informations.
System go-live will be in May 2010 but higher level financial data required for 2008 and 2009.
Has anyone come across a situation like this and what is the way out for us.
No historical data available in the new system (taking the opening balance and going ahead).
Awaiting for your inputs please.
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