Hi Bahri and thanks for your prompt reply. I'm aware about the funcionalities of account approach but I can't see how it could be useful in reporting.
Let me explain, if I have two separates accounting principles (local, and the international one) and I use account approach I will have to customize at least a different "technical asset reconciliation account" and "Contra account: Acquisition value" for the International Acc. Princ.
So... a typical posting could be:
**** Ledger Group = Blank *^** Ledger 0L**********************
Technical Asset Reconciliation (199999) to Vendor (160000)
*******************************************************************
**** Ledger Group = LOCL (Local) **** Ledger 0L*********************
Bal.sh.acct APC (130000) to Technical Asset Reconciliation (199999)
***************************************************************************
**** Ledger Group = INT (International) **** Ledger 0L*********************
Bal.sh.acct APC (180000) to Contra account: Acquisition value (906990)
*******************************************************************************
So... at this point I have two Bal.sh.acc APC, one "Contra account: Acquisition value" and finally the "Technical Asset Reconciliation" that is balanced to zero.
Is it not not a little strange that concept? From this point of view, If I would like to report a Balance Sheet for local purposes as far as I am concerned I would have to exclude (since Balance Sheet can't select one or another Accounting Principle) 906990 and 180000 accounts, similiarly for "International purposes I would have to exclude 906990, 199999 and 130000.
Can you imagine a business flow when this approach have sense?
Best regards,