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Dynamics 365 Community / Forums / Finance | Project Operations, Human Resources, ... / Dual ledgers: IFRS and...
Finance | Project Operations, Human Resources, ...
Suggested Answer

Dual ledgers: IFRS and US GAAP

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Posted on by RM-19061847-0 20
My organization needs to set up a new legal entity that needs to keep two separate ledgers, one for IFRS and the second for US GAPP.
 
What is needed to set up this configuration?
Categories:
Dynamics 365 Finance
I have the same question (0)
  • Suggested answer
    Hylke Britstra Profile Picture
    Hylke Britstra 97 on at
    Two separate ledgers are not available, but you can check the use of Posting Layers in the Ledger:
     
    If the inventory valuation accounting is also different, the Global Inventory Accounting add-in can help: https://learn.microsoft.com/en-us/dynamics365/supply-chain/global-inventory-accounting/global-inventory-accounting-home
     
    Kind regards,
     
    Hylke
  • RM-19061847-0 Profile Picture
    RM-19061847-0 20 on at
    Thanks Hylke.

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