Consolidation between primary ledger and secondary ledger
Hi,
We are implementing R12.1.3 financials and for Canada we have Primary Ledger and Secondary Ledger. We will use the US GAAP accounting method in the primary ledger and Canada accounting method in the secondary ledger and we are converting at the balance level from primary ledger to secondary ledger.
My question is do we need to setup consolidation to copy the balances from primary ledger to secondary ledger even though both the primary and secondary ledgers use the chart of accounts, currency and calendar. Please advice.
Thanks in advance.
Best Regards,
Ajay
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