changing Legal Establishment on an existing Legal Entity / Ledger
Client has a Ledger with 1 Legal Entity and 1 Operating Unit - with 1 Balancing Segment linked to it. The legal structure now changes as follows:
- country of registration changes from A to B and company will be registered for VAT in country B
HOWEVER, the office in country A remains as a production unit (branch) and most transactions will be performed from this office - using the VAT registration nr of country A.
What is the best practice (in R12) to handle this and how does this impact the history?
Is end dating the Company Segment (Legal Entity) and adding a new Company Segment and legal entity the cleanest approach? If so, is it possible to have 2 establishments linked to 1 Legal Entity, or should I use 2 Bill To / From addresses?