Primary/Secondary Ledger
Hi,
We have an entity in Europe for which we defined Primary Ledger with Local COA. For this Primary Ledger, we associated a Secondary Ledger with a different COA (Corporate COA).
Conversion level is Sub Ledger.
I have AP and AR Responsibilities for Primary and Secondary Ledgers.
GL Ledger and GL Data Access Set profile options are defined for each of the responsibilities.
When I navigate to AP Secondary Ledger Payables Responsibility --> Accounting --> Control Payables Period (to open periods for secondary ledger), I see Primary Ledger name.
Is this expected? AP and AR periods don't need to be opened for secondary ledger?