If parent Co. is India & subsdy at USA and need reporting
for all the branhces trail balance in one report. how the
chart of account should design.?
is there need for consolidation?



If parent Co. is India & subsdy at USA and need reporting for all the branhces trail balance i..

Answer / raj

Yes,Consolidation process need to be work on as there are 2 company involved in this business scenario i.e., parent company and subsidiary company...

Translation, Revaluation also required prior to consolidation for both prmy & Subs cos. 

1- Consolidation 
2- Run Trial balance details report

Go ahead ... if you still face any issue then let me know I ll' send you the screen shot wise details. (chargeable)

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