Multibook ledger group with translate ledger
Hi community, we have a Ledger Group that contains 2 ledgers - Local and Actuals. Local is the primary ledger and inherits the base currency. Actuals is a translate ledger (USD) with KLS on. Both ledgers currenctly use the same corporate rate. We would like to have the Local ledger use a Local Central Bank rate and the Actuals ledger use the Corporate Reporting rate. PeopleSoft will allow this, but I'm wondering if I will run into any issues with this setup. One issue that I am aware of is that 288$ USD in my Mexco Ledger will not equal