Hi vasu,
Thank you for your quick response. I have read the documentation you provided and I have a few questions.
-Can Profit Centers be used for Balance Sheets?
-Do Profit Centers work well for hierarchy reporting?
-I am looking at the solution being implementing the new G/L, segregating the business lines by Profit Center and then have segments to do reporting. I am also looking at Document Splitting. Do you have any experience with this/any documentation that would be helpful? I've read most of what I can find online and I can't seem to come to a conclusion.