Secondary tracking segment?

[srisri.reddy]

hi

can any one explain the secondary tracking segment and how it will work?

thank u

[seneeraj]

Hi Srisri,

First of all Identify a secondary tracking segment in your chart of accounts.

General Ledger will track

retained earnings,
cumulative translation adjustment account, and
revaluation gain/loss

by primary balancing segment and the secondary segment to provide you with more accounting detail.

The secondary tracking segment cannot be the primary balancing, intercompany, or natural account segment.

Assign the Secondary Tracking Segment Qualifier to your secondary tracking segment.

Bye
Neeraj Bhatia

[raviteja.manchu]

Hi,

The secondary segnment is used to track the information detaily.Bz at the time of running year end/revaluations/translation the balance will be summarised by balancing segment .But if you want detail like by department(Ex),then u can enable the secondary segment tracking for the department segment.

Year End:

The retairned earning will be grouped with combination of dept.

o1.ooo.retairning earnings is ****
01.001.retairning earnings is **** like that
same like for revaluation and translations.

Hope ur doubt got resolved

regards,
Ravi Manchu

[dileepkumar]

The secondary tracking segment is used to capture the Retained Earning and Translation Adjustment account it is new feature in 11.5.10.