Inquiry Regarding Balance Transfer to Secondary Ledger and Reporting Currency
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Dear Community Members,
I wanted to reach out to seek your valuable insights and expertise regarding a recent issue I encountered in an Oracle SR ticket. Here's a brief summary of the problem:
- I initiated the "Transfer Balances to Secondary Ledgers" process.
- The process parameters were set as follows:Primary ledger: NOBULL UK primary ledger (Main currency GBP)
- PROBLEM: The secondary ledger, NOBULL UK secondary ledger (Main currency USD), was not found in the search.
In response to this issue, Oracle Support recommended creating a Reporting currency ledger at the balance level. This Reporting currency would facilitate the conversion of balances to match the currency of the secondary ledger using the Translation program. After this conversion, the Secondary ledger should be visible in the List of Values (LOV).