First ever open period in new primary ledger
Hello Community. We are setting up a new primary ledger for one of our subsidiaries that is currently a separate balancing segment value in our current primary ledger. Is there any best practice guidelines on what period to set as the first ever open period for a new primary ledger? Our current main PL has a first ever open period of MAR-95 but we don't want to setup that many years in the new ledger if not necessary. Thanks in advance.