Posting Entries in USGAAP and Local GAAP

[Former Member]

Hi,

Good evening and greetings,

We are in the process of implementing Revenue Recognition in ECC5.0. Gone through list of all the important notes relevant for Revenue Recognition.

The requirement is to pass entries for both US GAAP and Local GAAP at the time of running VF44 (Posting Revenue Rec.). Based on the VKOA customization, it is not possible to define two different GL accounts for the same account key (one for US GAAP and other for Local GAAP).

Checked out using a Function Module and still under process.

Is there anyone who have faced this type of requirement earlier. Please share me your views on the requirement.

Thanking you,

With kindest regards

Ramesh Padmanabhan

[Former Member]

Found out the solution by myself.