Page 1 of 1

R12 Secondary ledger and Reporting ledger

Posted: Thu Apr 23, 2009 1:57 pm
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.

Posted: Thu Apr 23, 2009 10:58 pm
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