Multiple Chart of Accounts for one holding company.

Hey,
I recently encountered a scenario where a Holding Company will have several companies under 5 different sectors under it. If we call the holding company 'ABC', all the other companies under the ABC company will be segregated to 6 main sectors which spread across, leisure, Retails, Sales, Healthcare, etc.
If I was to implement Hyperion Planning for the above scenario, what would be the best approach?
What I think would be feasible is to;
Create 5 Chart of Accounts for the 5 different sectors under which the companies would be allocated to, and map all these 5 Chart of Accounts to a Chart of Accounts of the holding company (ABC Company) using Hyperion Financial Data Quality Management and the Hyperion Data Quality Management Adapter.
Would you agree this to be correct?
Appreciate your thoughts and any experience anyone may have with such an implementation.

Hi,
     Do what ruju posted,except:-
      Assign alternate chart of accounts to your company code.
      This has to be the last step since you are doing it retroactivly(because of b) ). Once the assignment is made:-
                  a) Assignment   Account to Alt.Account   has to be 1:1
                  b)  The alt.account can not be changed/entered once the account has been posted to.
Once you are productive,depending on your system design either make the alt.Account a required field or create a validation to give the same effect.This is to avoid the situation where you are constantly unassigning/assigning the country COA because the entry was forgotten.
Kind regards

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