Unable to transfer/Post Balances from primary Ledger to Secondary Ledger — Cloud Customer Connect
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Unable to transfer/Post Balances from primary Ledger to Secondary Ledger

edited May 2, 2025 11:11PM in Lease Accounting 3 comments

Summary:

Currently we have 1 Primary Ledger and 5 Secondary Ledgers where only calendars are different for all Secondary Ledgers.

Under FLA System Options i did not add Secondary Ledger as there is no different accounting standard and for Primary Ledger i selected ASC842 as accounting method.

I made sure for all secondary Ledgers "Valuation Method" is unchecked and ran " Update Subledger Application Options" for Lease Accounting. We have a conversion rule setup so automatically Primary Ledger Entries will be posted to secondary Ledgers but for Lease accounting i don't see any entries posted to any secondary Ledger. Is there any setup/configuration i missed?

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