How to handle multiple balancing segments in Oracle Chart of Accounts.
Hello:
I am at a client where the need to report to parent requires that I
balance both by company segment and Business Area Segment. Since Oracle
does not have that, I have created a Ledger with chart having
concatenated segment of Company-Business_area (COBA) and a similar
structure for InterCo segment. Here when will book to this COBA and inter
co will kick in as appropriate.
Then I created a Consolidation Book with COBA broken out, CO and BA, I completed the mapping now when I move my balances to this consolidation book, my GL Journals are all balanced by Company and Business Area.
Then I created a Consolidation Book with COBA broken out, CO and BA, I completed the mapping now when I move my balances to this consolidation book, my GL Journals are all balanced by Company and Business Area.
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