Financial - JDE1 (MOSC)

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Multiple Balance Sheet Business Units and Annual close. How Does this work?

edited Nov 4, 2019 12:41PM in Financial - JDE1 (MOSC) 5 commentsAnswered

9.2 user guide on General Accounting states that " If you have multiple balance sheet business units for one company, you must set up AAI item GLG4 for the company and specify one balance sheet account. Then, for year-end processing, you must allocate all of the balance sheet business units to the balance sheet business unit specified in GLG4 for the company. If you do not do this, your company will be out of balance because the offset amount for net income would reflect the accounts for one balance sheet business unit (specified in GLG4 for the company) and not

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