Can someone answer my question here.
Client has multiple companies each having its own financial reporting structure. Each of these companies operate in multiple countries. Within each country, it has offices at multiple location. The client wants financial reporting for each of the companies as well as a consolidated reporting structure. My question here is how do I structure the Organizational Hierarchy? Should I create One Legal Entity and then each companies as Business unit and each country as cost center and then location as team? OR Should I create each company as separate legal entity and Countries as Cost centers?
Also, can I use financial dimension to achieve the above objective. If yes, then how.
Please elaborate your answer.
Thanks a lot