General Ledger & Intercompany

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    Sachin Mistry
    Prevent PO, AP, AR, FA, Project Transactions for a...
    Topic posted August 23, 2018 by Sachin MistryGold Medal: 3,500+ Points, last edited January 30, 2019, tagged Assets, Cash Management, Collections, Configuration, Expenses, Financials, General Ledger, Intercompany, Payables, Receivables, Revenue Management, Subledger Accounting 
    101 Views, 2 Comments
    Title:
    Prevent PO, AP, AR, FA, Project Transactions for a company/legal entity mapped to balancing segment but allow GL journal import
    Summary:
    Prevent PO, AP, AR, FA, Project Transactions for a company/legal entity mapped to balancing segment but allow GL journal import
    Content:

    Our company has made an acquisition. We have setup new company code (balancing segment). We have setup new company, new legal entity, new natural accounts, new cost centers, code combinations so we can upload account balances, activity each month of the sub and report consolidated financials.

    We upload journal balances (Trial Balance) each month of the acquired subsidiary, which we can do with the above setups.

    However if we want to prevent users from this subsidiary company code to create any transactions in PO, AP, AR, Cash, Fixed Assets, Expenses, Project sub ledger inadvertently. How do we prevent these? We want to retain ability to enter/upload journal in GL only but do not want to allow posting in GL from any sub ledgers.

    Is there any creative and simpler way to setup sub ledger accounting rules to accomplish the above?

    Comment

     

    • afton liu

      hi,these subsidiaries   Shouldn't  setup submodules.
      Simultaneously ,enabling bsv value set security can prevent this situation

       

      regards

      • Sachin Mistry

        I will look into BSV value set security. Sub Modules are already set. It's just that except GL, there should no other seeded source of transactions from other sub ledgers such as PO, AP, AR, Cash, Fixed Assets, Expenses, Project sub ledger inadvertently use the company code setup for this subsidiary.