1. Get rid of all advertisements and get unlimited access to documents by upgrading to Premium Membership. Upgrade to Premium Now and also get a Premium Badge!

Reporting Currency Reconciliation R12

Discussion in 'Oracle Financials' started by Grant69, Apr 27, 2011.

  1. Grant69

    Grant69 Active Member

    Messages:
    21
    Likes Received:
    0
    Trophy Points:
    80
    Location:
    Perth WA
    Hi

    we have just set up a reporting currency ledger. i have a few questions:

    1. Should all sub ledgers be reconciled in the reporting currency? We reconcile all sub ledgers in the primary/functional currency

    2. How do you reconcile the ap-po accrual account in the reporting currency?

    We are on R12.1.2

    Thanks
    Grant
     
  2. prasanthbab@gmail.com

    prasanthbab@gmail.com Active Member

    Messages:
    10
    Likes Received:
    3
    Trophy Points:
    110
    Hi Grant,

    It is depends on your transfer level, i.e you are transfering journal detail or summary, if you are transfering journals in summary mode you need to check the balances along with converted figues (exchange rate) .

    Please let me know any queries related to Reporting ledger reconciliation issues.

    Regards
    Kondala Rao