Can Subledger journals post directly into the Secondary Ledger with Data Conversion Level = Journal
SummaryCan Subledger journals post directly into the Secondary Ledger with Data Conversion Level = Journal
We are creating a new FA Tax book in FA module whose journal entries need to be mapped to the secondary ledger. Are there any reasons why we should not map this subledger directly to the secondary ledger (IFRS-GL) whose Data Conversion Level = Journal? When we implemented Fusion back in 2015, the consultant instructed us to create a secondary ledger set which was consisted of 2 ledgers - IFRS-GL and IFRS-FA. Below summarized our ledger structure:
• Primary GAAP ledger – GL journals plus subledger accounting entries from FA (FA CORP book) & AP modules.