Company liquidation in SAP

Hi All
The scenario is I want to liquidate the company in SAP at the financial year end and then start the new company by using the same company code. Say company code A1 liquidateded on 31/03/ and then form a new company on 01/04. I can use the same company code by just editing the name and address of the company.
The problem is the company just cannot be liquidated straight away and there is some period of liquidation say for three months from 01/04 onwards to settle all the other issues for e.g corporation tax etc.
How can I post in SAP on both the companies during the overlapping period (The period when old company is liquidated and the new company started trading)

Hi,
I would certainly use new company code. Otherwise, your cut-off activities would be very complicated.
I think from legal point of view, it's even mandatory.
Regards,
Eli

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