Revaluation & Translation Process in Reporting Ledger
Hello,
Reference to the R12 design, we can define 'n' no. of reporting ledgers mapped to the primary ledger. I actually wanted to understand the impact of revaluation & translation performed in the primary ledger on the reporting ledger. This is further detailed with an example:
Primary Book = USGAAP (SLA) & INR (CURRENCY)
Secondary Book = IGAAP (SLA) & INR (CURRENCY)
Reporting Book = USGAAP (SLA) & USD (Currency)
Now with the above ledger structure, if I perform REVALUATION & TRANSLATION in the primary book, all the entries generated as part of this process would get posted in the SECONDARY & REPORTING LEDGER.
With the above case, I have the following query:
Reference to the R12 design, we can define 'n' no. of reporting ledgers mapped to the primary ledger. I actually wanted to understand the impact of revaluation & translation performed in the primary ledger on the reporting ledger. This is further detailed with an example:
Primary Book = USGAAP (SLA) & INR (CURRENCY)
Secondary Book = IGAAP (SLA) & INR (CURRENCY)
Reporting Book = USGAAP (SLA) & USD (Currency)
Now with the above ledger structure, if I perform REVALUATION & TRANSLATION in the primary book, all the entries generated as part of this process would get posted in the SECONDARY & REPORTING LEDGER.
With the above case, I have the following query:
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