Secondary ledger conversion level options: Journal vs Adjustment Only

Summary:

My organization is looking to create a new secondary ledger to record adjustments by legal entity. When it comes to the secondary ledger conversion level options, we’ve narrowed it down to two options: journal conversion level or the adjustment only level. Looking at the documentation, we’ve found that the adjustment only level will only house adjustments and seems to record adjustments straight from the journals when they’re imported. The documentation also states that a complete accounting representation is achieved by creating a report that includes both the primary and secondary ledger data together. Can reports that just show