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Sale of Legal Entity

  • 1.  Sale of Legal Entity

    TOP CONTRIBUTOR
    Posted 8 days ago
    We are about to sell off a legal entity.  The deal is structured as a sell off of the assets, but we will need to somehow provide the new owner with the data out of D365.  This operation is not very big and D365 F&O is probably overkill for their needs.  Does anyone know an elegant way to divest a legal entity?  I imagine we will end up exporting much of the data to files.  I'm curious if this was a large organization that wanted continue using D365, is there a way to carve out the legal entity into its own installation?


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    Mark Schurmann
    Accounting Systems Manager
    Automobile Protection Corp
    Norcross GA
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    Conference-AXUG_200x200


  • 2.  RE: Sale of Legal Entity

    GOLD CONTRIBUTOR
    Posted 3 days ago
    Hi Mark,
    Not sure I can answer the first half of your question, but I have played around with the transferring of data from one to another legal entity and also across environments. In the DMF, there are data templates, and if you were to use them all for exporting all of your data, you should be able to take all of those exported files, and use those same templates to upload them into another instance/environment. I have not yet gotten to the point where I had to test it to make sure it actually all works, but it seems like pretty solid functionality, especially if you need to transfer the exact same data rather than adjusting it for the creation of a whole new legal entity.

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    Kerstin Newman
    Business Analyst
    StarTech.com
    London ON
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    Conference-AXUG_200x200


  • 3.  RE: Sale of Legal Entity

    TOP CONTRIBUTOR
    Posted 2 days ago
    Hi Mark,

    If the sale is truly selling of the assets, I am sure you know that you would sell the assets using the Free Text invoice function so that all accounting transactions are posted correctly.  As Kerstin stated the DMF has entity tables that you can download and provide to them, if they are using D365.  Otherwise I would use the Fixed asset reports to provide that information.

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    Stacy Black
    Senior Application Consultant
    MCA Connect
    Mukilteo WA
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    Conference-AXUG_200x200


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