Responsibility Question

[sddf21]

Hi

Can someone tell me if I have two SOB(One in Euros and another in USD) then do i need to create 2 Responsibilities.

I will appreciate ur help.

Thanks
Shaweta

[karthikeyanp1981]

Certainly you need to create 2 Responsibilities, since you will be having seperate Set of Books for Euro and USD. And one responsibility can point to only one Set of Books. Reference between Set of Books and Responsibility is made with the help of GL Set of Books Name Profile Option !

[sddf21]

Hi,

I have one question.
Now when i create 2 SOB then can i use the same value sets which i defined for both SOB.
I mean value set -company, Cost Centre and account.
Or i have to create separately for each SOB.

I will appreciate ur help.

thanks

[muzaffarnaim]

Yes you can use the same value set for both of your SOBs, but remember any changes in the value set would impact on both sides.

[anu_uma]

Hi,

You can use the same Chart of accounts & Calendar only difference will be your Currency.

U can use the same value sets for ur set of books


Regards,

[shaikjohnpasha]

I advice to create separate valuesets for each sob to keep the risk of changes in future.

Thanks and Regards,
John Pasha Shaik[8D]