Hi
Will appreciate if some one helps me in creating a new Organization structure and COA
Company has 2 Legal Entities one in India and another is in UAE.
We have taken Project Costing only for tracking Project Costing.
They have 2 Operating Unit (Mumbai & Varodra) and 2 Inventory Org (Navi Mumbai and Varodra). They want to see Balance Sheet and P&L at Operating Unit Mumbai and Varodra Level.
Now let me tell You what Org Structure and COA I have decided.
Business Group (BG) : TEL NETWORKS
2 Legal Entity : TEL INDIA and TEL UAE
2 Primary Ledgers : PRIMARY LEDGER (INDIA) and PRIMARY LEDGER (UAE)
Operating Unit (OU) : MUMBAI & VARODRA ( I have kept this as Balancing Segment as
they want Balance Sheet & P&L at this level)
Inventory Org : Navi Mumbai and Varodra
Proposed COA
1) Company
2) OU ( Mumbai & Varodra) -- Balancing Segment
3) Inventory Org .................................................(Please let me know if this segment is required?)
4) Cost Center (Which will be there Projects)......................(They want to Track Project as Cost Center)
5) Accounts
6) Future 1
7) Future 2
I want to know Do I have to Keep Intercom any Segment in COA as they will do Inter company Transaction means transaction between 2 LE?
Please let me know If all of the above Org Structure and COA are correct. Please guide me any additional setup If I required to do?
If I need to have Balance Sheet and P&L account at Operating Unit Level i.e Mumbai and Varodra the above COA is right or not , as I have kept the Balancing segment as OU
Rgds
New Org Structure/Ledger Setups
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