Transfering Subsidiary Data

[zameersait]

Help required on transferring one company under one SOB to a new company in another SOB.
Let me explain:
We are using single COA in our organization. We have several set of books for different branches since currency used are different. Out of those books,not in all, we have multiple companies under one SOB(set of books). Now we are in a need to take out one company out of it and to create a new company with new company code and assign it to a new SOB.

My question here is
(1)Will the transfer option used for consolidation will work.
(2)What about the Mapping feature.

Please provide a your inputs.

Thanks in advance

Zameer Ahmed

[hiszaki]

Hi Zameer

I think you can transfer by made a journal in the G.L after you finish the setup of the new SOB then you can close or disable the company code in the old SOB & starting entries in the new SOB in all modules after you setup all modules on the new SOB.

I think also you can make the consolidate function with simplicity.

Hope I can help you

Thanks
Hisham