Greetings,
I have a client with a very interesting need. He needs to generate financial statements for the same company but under different Fiscal Period rules. The company has the fiscal year periods going from January to December and he wants to keep the company this way. However, he also needs to report the same company as if it were under a July to June fiscal year.
Is it possible to have the same company with two ledgers, each with a different set of fiscal years? If not, any recommendations?
This company is G/L only, no transactions of any sort other than Journal Entries.
Thanks.