Is it same primary ledger data and seconday ledger data
should be same or differnt?explain
Answers were Sorted based on User's Feedback
Answer / churchil
Secondary ledger data will be as same as primary ledger. But the presentation differs with respect to the CoA, currency and calender of secondary ledger.
Is This Answer Correct ? | 5 Yes | 1 No |
Answer / thirupathi jetty
YES ,it's different, secondary ledger is nothing but
additional or optional ledger it's represents your primary
ledger accounting data in another representation that differs
in following "C" s
1. Chart of accounts
2. calendar/ period types.
3. accounting Convention
4. ledger processing options.
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / dinesh sankala
Secondary Ledger data will differ based on the accounting convention applicable to it.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / vinod
Yes , the Primary and secondary ledger should be different in at least 1 'C' of 4'C', this is the pre-requisite to create a secondary ledger.
Is This Answer Correct ? | 0 Yes | 0 No |
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