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Initialize balances for Secondary Ledger

edited Sep 25, 2025 8:29PM in General Ledger & Intercompany

Hello Gurus,

We are creating a new Sub-ledger level secondary ledger. We will be using the data initialization to sync the ledger balances. So, we wanted to understand if there will be any impact on Fixed Assets (Corporate and Tax books) balances when migrated from Primary ledger to secondary ledger. Secondly, the create accounting for fixed assets will feed secondary ledger with both Corporate and Tax book data

I am asking about impact on Fixed Assets as the below note from Oracle says its not recommended to have sub-ledger level reporting currency if fixed assets module is implemented. I want to know if this applies to secondary ledger as well.

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