A client presently using Sage 300 is going to be affected by a new IFRS 17 standard which replaces IFRS4. In order to test the effects of the new IFRS 17 they need to maintain multiple General Ledgers as follows:|
a. To continue to run the IFRS 4 general ledger in parallel for some time while implementing IFRS 17. Then would need to switch over.
b. IFRS 17 general ledger which will not be initially live will be needed until we decide to go live.
c. Complexity of different year ends would need to be considered. December year ends would have two ledgers a June one and a December one.
Since Sage 300 does not support multiple GLs, what workaround can one use in order to meet this requirement?
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