GL consolidation

[Jsarker]

Good Afternoon.

It will appreciable if any one can suggest me the impact of the below scenario:
a)If I create a new GL consolidation company/entity with a new fiscal year (1st Jan – 31stDec)
b)Then export transaction from current entity (JLTD and YLTD)via GL consolidating export and import
c) The Fiscal year for JLTD And YLTD is 1stApr – 31st Mar)

What will be the impact on New GL consolidation fiscal period and year end?

What will be the impact Retain Earning on New GL consolidation entity?

Is there any exchange rate impact?

is there any one who has this experience?
Thank you
Regards

 

[ettienne]

Q: what impact do you want on the fiscal periods, RE and exchange rates?
Note that in the export setup you can set a fiscal period offset, this allows you to export AP (period 1) from the old GL to period 4 in the new GL.

 

[Jsarker]

Hi Ettiene

I will do the testing based on your suggestion. if I have any question I will let you know for your opinion

Many thanks