Multiple subsidiaries - How can I run the P&L in b...
# accountingg
G
10/24/2023, 6:12 PMMultiple subsidiaries - How can I run the P&L in both GBP and USD for subsidiary in the US?
Base subsidiary is UK and GBP - I can run the standard P&L so it gives me UK in GBP and US subsidiary in Inc however I want to see US subsidiary in GBP? is this possible?
a
AK
10/24/2023, 8:00 PMWhere does your US subsidiary sit in your subsidiary hierarchy in relations to the UK one? Also, do you use standard out-of -the box P&L?
k
Karina
10/26/2023, 3:19 PMwhat is the base currency for the the subsidiary in question and what is the base currency for its parent?
Karina
10/26/2023, 3:20 PMyou can actually have it calculated in analytics regardless of base currencies, just do the calculations there
c
Cindy Vindasius
11/10/2023, 4:11 PMBest way to report 2 currencies if your local and functional exchange rate are the same - is multi book. OR - If analytics is not in your tool kit, I have done this with a saved search and summarize by currency - if you have mixed currencies in your data this is more challenging 🙂
2 Views