Organizational Behavior

How would you organize the following organizational levels for Qianhu?

- Company Code

A company represents an independent accounting entity which has its own financial statements. Since Qian Hu has 10 subsidiaries, it would have 10 company codes.

- Business Area

Qianhu has 3 core business activities which are

1) Ornamental Fish

2) Aquarium and Pet accessories

3) Plastics

Therefore it will have 3 business areas.

For Qianhu Singapore, how many chart of accounts do you think the subsidiary will have?

It will have 3 chart of accounts:

1) Operative COA – To record day-to-day transaction

2) Country Specific COA – To enable companies to meet the country specific requirements (e.g different currency used)

3) Group COA – For Consolidation purposes.

How would you organize the following organizational levels for Qianhu?

- Company Code

A company represents an independent accounting entity which has its own financial statements. Since Qian Hu has 10 subsidiaries, it would have 10 company codes.

- Business Area

Qianhu has 3 core business activities which are

1) Ornamental Fish

2) Aquarium and Pet accessories

3) Plastics

Therefore it will have 3 business areas.

For Qianhu Singapore, how many chart of accounts do you think the subsidiary will have?

It will have 3 chart of accounts:

1) Operative COA – To record day-to-day transaction

2) Country Specific COA – To enable companies to meet the country specific requirements (e.g different currency used)

3) Group COA – For Consolidation purposes.

How would you organize the following organizational levels for Qianhu?

- Company Code

A company represents an independent accounting entity which has its own financial statements. Since Qian Hu has 10 subsidiaries, it would have 10 company codes.

- Business Area

Qianhu has 3 core business activities which are

1) Ornamental Fish

2) Aquarium and Pet accessories

3) Plastics

Therefore it will have 3 business areas.

For Qianhu Singapore, how many chart of accounts do you think the subsidiary w...