R12 Secondary Ledger(subledger level) VS Reporting Currency (subledger level)
In R12 it is recommended in various Oracle documents to create a reporting currencies instead of a secondary ledger when the only difference between a primary and secondary ledger is the currency. However, I have not read any specific reasons for this statement.
Can anyone explain the practical differences between a subledger level secondary ledger and a subledger level reporting currency. The only difference I have been able to determine to this point is the inability to run translations against the reporting currency.
Thanks,
Jason