Company A- one Balance sheet and one P&L.
Compnay B-one Balance sheet and one P&L.
Company C- consolidated Balance sheet (A and B )and consolidated P&L.(A&B)
I need to pass a journal entry for Company C balance sheet and Company A and B's P&L at the same time. (a tripple entry. Say 1000 for Company C and 500 for A and 500 for B). Is it possible to do that. If so How? what are the modules that I should install
You might want to look into the multi-company documentation. Set up company C as a parent with A and B as children. See if they need to use the same chart of accounts or a different construction.
Please try to give a substantial answer. If you wanted to comment on the question or answer, just use the commenting tool. Please remember that you can always revise your answers - no need to answer the same question twice. Also, please don't forget to vote - it really helps to select the best questions and answers!
About This Community
|Asked: 5/28/14, 1:59 AM|
|Seen: 709 times|
|Last updated: 3/16/15, 8:10 AM|