Hi,
For reporting purposes we want to use two different posting layers (current & operations). However we wonder if you have to do all the bookings manually from the one layer to the other layer,and how we have to do the corrections?
It is not possible to work with the journal type accruals (only current posting layer) (no idea why you can only make accruals in the current layer) and make corrections with the help of an accrual scheme. For now, the only solution is to make two separate bookings in two different posting layers.
tnx, if anyone has an idea
Dimitri
Hi Dimitri,
I would recommend not using the posting layers in order to account for different accounting standards (local GAAP, IFRS, etc.). Better setup a separate range of accounts where you post your non-local transactions. E.g. post all IFRS transactions on accounts starting with 8…
Reason: The posting layers are not available everywhere e.g. in projects, inventory, etc. To generate your financial statements would thus require that you combine ledger accounts with different posting layers in one single report. This can easily become a nightmare.
If you do not like to do postings double (local GAAP & IFRS for example), you can make of the allocation feature available in the chart of accounts.
Hope it helps.
Ludwig