Preparation of balance sheet by US Gaap & Schedule VI

Hi
We have created two retained earnings accounts
1) One account has been assign for all Gl accounts associated with indian requirement
2 ) the other RE assign to only for GL accounts associated with US Gaap
How do we go ahed & Prepare the balance sheet
Please guide
Regards
Roobal

hi,
You can use two different chart of accounts for this purpose. One is your operating chart and second one is country specific COA.
Regards,
Nitin Aggarwal
Please assign points if helpful.

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