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New GL accounting Active

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Hi experts,

 

We have ECC 6.5 where New GL accounting is active. We are going to merge two companies into one single company code and want to view separate Balance Sheets for both the companies under same Chart of Account.

 

- We have checked and found, in our system document splitting is not activated. so, is there any challenge to activate this feature right now or we have to wait till year closing?

 

-Document splitting has any effect or impact on current business process or not.

 

Please help me to sort this out.

 

Regards,

Farzana


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