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Group Company Connection

  • 16 February 2024
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What is the functionality related with the Group Company Connection field in the Company screen, Accounting Rules tab? This was added in IFS Cloud 23RI.

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Best answer by Furkan Zengin 17 February 2024, 11:01

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Hello @Shyamali Rathnayake 

There was similar field in IFS10 with field name Master Company

I am adding for you field description for the field

 

Master Company:
If Group Consolidation is used and the Chart of Accounts differ between the reporting companies and the master company, account mapping can, as an alternative to doing it in the master company, be done in each reporting company.  If so, enter the identity of master company against which the account mapping should be done. List of Values can be used.

 

Hope this helps

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Thank you so much

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