Reporting currency and reporting ledger question

[ahsanrasheed]

Hi

In R12, reporting currencies have replaced the MRC. But what are reporting ledgers? are they something different? If yes how they can be configured and use...?

Looking forward to have your responses.

regards

Ahsan

[karthikeyanp1981]

Dear Ahsan,

As you have rightly pointed out, Reporting Set of Books concept in 11i is replaced by Reporting currencies feature in Release 12. There is nothing termed as Reporting ledgers as such.
The only place to configure is in GL, through accounting set up manager, by creating accounting options for your primary ledger.

Regards,
Karthikeyan

[ahsanrasheed]

Hi Karthikeyan

Thanks for your message. My doubts are clear now.. Many Thanks

regards

Ahsan