Is it possible to go through year-end close for the subsidiaries mid-year (close out the income statement to retained earnings)?
Does anyone use Spreadsheet Server and what are the implications of multiple year ends to Spreadsheet Server pulls?
Are there any best practices or lessons learned to be shared?
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We have a joint venture where the partnership’s fiscal year end is different than ours. We do the accounting for the business units in the partnership and need to maintain the books and records for both a 12/31 year end and a 6/30 year end. We are looking for any best practice or experience with maintaining business units with two fiscal year ends to support separate reporting requirements.
What items need to be considered when setting up the subsidiary company codes in JDE? For example: