What is the difference between Secondar ledger and
Reporting Currency Ledger.
Answers were Sorted based on User's Feedback
Answer / thirupathi jetty
reporting currency ledger represents same primary ledger
accounting data in another currency.
secondary ledger is unlike MRC
secondary ledger is nothing but additional or optional ledger
it's represents your primary ledger accounting data in another
representation that differs in following "C" s
1. Chart of accounts
2. calendar/ period types.
3. accounting Convention
4. ledger processing options.
| Is This Answer Correct ? | 8 Yes | 1 No |
Answer / deepak
Secondary ledger is used if you are required to report your
business with different parameters like
COA,Calendar,Subledger Accounting methods or Ledger options
other than what you have for your primary ledger. For
example if you are implementing business for Europe region
where the IFRS is used & you also have to report in US under
the US GAAP, you may either have your primary ledger
complying IFRS & Secondary ledger complying to US GAAP.
Reporting Currency ledgers are used if you want to report
your business under other currencies other than your
currency used for Primary ledger.
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / mahesh kumar m
secondary ledger is trnsactions and entries currency ledger
means this a 2 type of ledgers .1 INR 2 STAT
| Is This Answer Correct ? | 0 Yes | 7 No |
Do you track and record relationships between customers e.g. franchises, subsidiaries etc.?
How can i increase the number of invoices at the time of payment. Actualty in my setup it will not take more than 300 invoices. plz suggest.
Assigning natural account to accounting seg. What will happen
What is auto invoice
We are running Oracle EBS 11i and yesterday whilst doing my month-end I forgot to select "calculate finance charge" on form ARXSUPST AR Print Statement run. I am struggling to get to My Oracle and was hoping someone out there might have experienced or heard of a similar problem. What are my options to rectify this situation... I look forward to you inputs..... Thank you Regards Salie
1: At the time of perido end process we use one sweep progrem? what is it and explin the process? 2:How to import the accounting entry's from Ap to GL? plz explain?
how to do bank reconciliation
How the system calculated the retained earnings in r12
What is receipt class & receipt source pls let me know
1.what is the name of program to create invoice automatic from po.? 2.How to auto upload the bank statement? 3.PO tax has not flown to invoice . why? Debit memo not generated for return of goods.??
0 Answers Transasia Bio Medicals,
What is price break and what are the different types of price breaks ?
What are the journal entries in O2C Cycle.