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Dynamics 365 Community / Forums / Microsoft Dynamics SL (Archived) / Multiple Ledger & ...
Microsoft Dynamics SL (Archived)

Multiple Ledger & Financial Statement Translation

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Posted on by maman 235

We have operations in 3 countries: US, Brazil and Argentina. Currently all 3 are separate DBs. Can we move to a single DB and multiple ledger setup within which each company can enter transactions in its own local currency?

Can we use Financial Statement Translation within this single DB to consolidate from Argentina (peso) to Brazil (real) and then from Brazil (real) to our parent company US (USD)? In other words is multi-tiered consolidation possible?  

Any help will be greatly appreciated!

Thanks!!

 

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I have the same question (0)
  • maman Profile Picture
    maman 235 on at
    A clarification: We DO NOT want to process documents (AP/AR) in the subledgers. Is this possible out of the box?
  • Sjoerd Leiker Profile Picture
    Sjoerd Leiker 60 on at

    I am not exactely sure what you mean with Fin Statement Translation, but multiple consolidations are possible. You can create as many consolidation companies as you would like. And you can do as many consolidations as you would like.

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