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COPY LEDGER WITH 1 BASE CURRENCY TO LEDGER WITH ANOTHER BASE CURRENCY

I have a requirement to copy a ledger with base currency USD to another ledger with base currency SGD. 

Is it possible to do this using Allocation steps and process. If there is any document that guides on copying a ledger balances from 1 ledger to another ledger in same ledger group with different base currency , please help to provide the steps

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