R12: Reconciling Bank Statements

Hi

We are currently on R11i and have a number of Internal Bank Accounts that are used in more than one Operating Unit and consequently have to be set up in each.  When we get the daily Bank Statement for a Bank Account we have to load it to each Operating Unit where the Account exists and reconcile only the statement lines that pertain to that Operating Unit.

My understanding of the R12 Bank Account Model is that an Internal Bank Account would only need to be set up once and each Operating Unit would be granted usage rights.  If so, does that mean we would only need to load a Bank Statement into Cash Management once and can reconcile the Statement Lines to subledger transactions in the appropriate Operating Units?