Consolidation - Changes in company hierarchy
I have a Company dimension of type Entity. For Group consolidation purpose, the company is based on hierarchy as below.
Company C1002 is associated with hierarchy EAST and based on this, consolidation of group entities are done in EAST for all the month end activities. Entries for Group dimension are based on group EAST.
Now the requirement is company C1002 needs to be re-aligned to hierarchy node NORTH as pat of the year end closing. Kindly let me know the steps for the year end consolidation.