Ledger design decision help required
SummaryLedger design decision help required
We need help in understanding the repercussion of having the below scenarios to help us design the ledger for our client:
- Single primary ledger across the globe (As all 4c's i.e. calendar, COA, convention and currency). What are the merits and demerits of having single Primary ledger globally and leveraging secondary ledger and reporting currency for same single ledger.
- Having multiple primary ledgers based on each country specific.
This will help us take design decision and hence critical to understand the implication for each scenario.
Your inputs will be highly appreciated.