All documentation on migration to New GL indicates that the migration date should con-inside with a new financial year. After this date, classic and new GL is run in parallel, until an 'Activation' date when classic GL is no longer active.
I do have a question. Why is this migration date TECHNICALLY required to be the same as year-end? It looks like there is rather a classic GL 'de-activation' date than a New GL 'activation' date. If the company is prepared to not have previous period financial statements available and/or comparative ledger transactions available, is it not possible to have the start of the period when both GLs are run in parallel at say a quarter-end, rather than a financial year-end?
Bluesky
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