R12 global ledger structure
Hello all,
I'm looking to see if there are any whitepapers or recommendations on how to structure GL ledgers for a company that has presence in several countries.
Several companies would've done it, I'm trying to find out the best practices.
We are already on R12 and back when we implemented, the ledger structure we went with was designed in an overly complicated way.
For each non-US country, we have one PL and one SL, both in local currency. On top of that we have an RC ledger that corresponds to PL and SL. These RCs are in USD.
Let's say for Australia, we have
I'm looking to see if there are any whitepapers or recommendations on how to structure GL ledgers for a company that has presence in several countries.
Several companies would've done it, I'm trying to find out the best practices.
We are already on R12 and back when we implemented, the ledger structure we went with was designed in an overly complicated way.
For each non-US country, we have one PL and one SL, both in local currency. On top of that we have an RC ledger that corresponds to PL and SL. These RCs are in USD.
Let's say for Australia, we have
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