Dear Team,
We have the business requirement like below:
- Our parent company has business operations in US, now they are planning to expand their business in Indian, for the Indian company code chart of accounts are same and fiscal year (April – March) is different and currencies also different.
- In this case we can go for non-leading ledger activation for new fiscal year variant with same controlling area and going for the new controlling area, we are planning for consolidation between the company codes and inter company postings. Please advise us that what is the best solution from the above two?
- If we go for the new controlling area for new company code what currency type is the best option (company code currency or group currency)?
Regards,
Ravi