Adding New Company to Existing Ledger Set Up
Hi Team,
We have exiting requirement of adding New Sister Company(A2) under same BU.
Existing GL Hierarchy :
Company - A1 , Business Unit -1 , Legal Entity -1 , Primary Ledger -1 , Multiple OU's , Multiple Inv Org's.
New Addition:
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Company - A2 ( Sister Company for A1) sharing same Chart of Accounts.
Requirement : Both Companies comes under same BU.
Need to add this Company such that it is independent in nature for all financial activities.
and need not depend on company .
Ex: While closing books for A1, => A2 should be independent of this.
Our Option to Implement this:
Create A New Ledger (Say : L2)-> Create same set of OU's > Same set of Inv Org's > Run daily business activities