BPC10: Decision to use BPC Consolidation
I have come across a simple consolidation requirement where in the holding company has two entities, which are fully owned. There are only few (12, monthly) transactions to pay management fee from one entity to another. Now to do the consolidation, I believe it make sense to just create journal entries instead of seting up whole consolidation model setup.
What do you guys think is best way to recommend in this case and what could be to and for argument for using BPC in this scenario for consolidation. If we plan to do journal entries only, what are the things required to be setup.
I am no expert in financial consolidation side and any pointers would be great to go ahead.