R12 Secondary ledger and Reporting ledger

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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malick
Posts: 11
Joined: Wed Apr 16, 2008 1:59 am
Location: USA

R12 Secondary ledger and Reporting ledger

Post by malick »

Secondary ledger in R12 can differ from the primary ledger in accounting representation, coa, currency. If I have a requirement where my secondary ledger differs only in currency with my primary, is there cases that i will still need a reporting ledger if required? Why and when?
Can somebody clears this for me.
pinnashanmukh
Posts: 49
Joined: Thu Feb 15, 2007 5:57 am
Location: India

Post by pinnashanmukh »

Secondary ledger:

Is required if their is any change in the following when compared to primary ledger

Chart of accounts
Calendar
Currency
Accounting convention ( SLA)

Reporting currency:

Reporitng currency ledger is required only when there is change in the currency when compared to primary ledger.


There is no difference between secondary ledger and reporting currency ledger. When a secondary ledger is created with a difference in currency when compared to primary ledger

Thanks,
Shanmukh
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