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Oracle Fusion - VAT Report for Italy using secondary ledger

edited Nov 8, 2023 8:25PM in Tax & Global

We are having the following setup for Italy entities:

1. One Primary ledger (functional currency EUR)

2. One Secondary ledger (functional currency EUR)

3. Three Entities under this ledger

A specific rate is used as "Default Conversion Rate Type" and "Retain Transaction Rate Type" is set as N in Complete Primary to Secondary Ledger Mapping, thus foreign currency entries would be copied with the statutory FX rate when it is posted in Secondary Ledger.

Therefore, the entries with the correct VAT calculations are only available in the Secondary Ledger. Is it possible to run the seeded VAT Register for Italy on legal entity and using the Secondary Ledger data?

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