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Business wants Primary Ledger to be setup in Reporting currency

Discussion in 'Oracle Financials' started by fin_mate@yahoo.com, Sep 1, 2014.

  1. fin_mate@yahoo.com

    fin_mate@yahoo.com Active Member

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    Hi Gurus,

    My client is a US major company and they have operations across Europe. They are on 11i now and planning to move to R12 for their Finland Instance. So here we have given a solution to setup Primary Ledger in Euro and secondary Ledger in USD (This solution oracle suggests). But My client want it to be done in another way, they want a Primary Ledger with USD and secondary Ledger with Euro for Finland instance. since the parent company is from US and for thier businees reasons, so can any one share me your thoughts on Pros & Cons:-

    1. Primary Ledger in USD and secondary Ledger in Euro
    2. Primary Ledger in Euro and secondary Ledger in USD

    Please help me in this regard.