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Financial Reporting- Dual Trial Balances

  • 20 March 2023
  • 2 replies
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Userlevel 6
Badge +9

Hi Team,

 

Will IFS be able to support and accommodate the dual trail balances for GAAP vs IFRS reporting?

If yes, how this can be done.

 

Thank you in advance.

Best Regards,

Rakesh

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Best answer by Furkan Zengin 20 March 2023, 18:44

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2 replies

Userlevel 6
Badge +19

Hi @Rakesh 

 

You can define internal ledgers and manage dual trial balance issue.

See my reply in the below post. It should give you idea how to define and manage internal ledger.

 

How can I do IFRS reporting? | IFS Community

 

Hope this helps

Userlevel 6
Badge +9

Thank you so much @gumabs 

Best Regards,

Rakesh

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