Financials multiple sets of books

We're implementing the AP,AR,RA, and GL modules of Oracle Financials 9.4. We have 2 companies that share calendar, functionaly currency, and chart of accounts, but the users are considering implementing separate sets of books for them anyway, because this is the only way to separate check runs by company and vendor 1099s by company, without customization.

I've read the Implementation manual, and know that Oracle suggests NOT implementing multiple sets of books unless you have to, but the rationale for this was not given. I know this means 2 sets of tables to maintain, and the users know this means 2 sets of customers and vendors. Does anyone have any recommendations on the pros and cons of multiple sets of books, and what other factors we should consider from a functional perspective to make a decision? Received on Sat Oct 15 1994 - 14:18:26 CET