How to do Secondary Ledger in R12 (MRC)

Setp1: Go to Accounting Manager.

SetupFinancialsAccounting Setup ManagerAccounting Setup:

Select You Primary Ledger Name

Select u r ledger
name
Click Update

Click on Update Button.

Setup2:
 Click on Secondary
Ledger

Setup3:

Give the Secondary Ledger Name:

Same primary ledger COA and Calendar but, currency is different
 Currency is different

Click: Apply

Step:4
Step5:

Give the Retained Earnings Account

Click: Next and Finish:

Step:6

Primary to Secondary Ledger Mapping

 Click

Give the rate type and click Complete.

Step:7

Assign Ledger to Responsibility in System Administrator

Step:8

Open Periods in General Ledger for Secondary Ledger (Reporting Set of Books)

Setupopen/close:

Step:9

Define Daily Rates

SetupCurrencyRatesDaily:
Save and Close:

Now Create General Entry in Primary Ledger and Post it…. Automatically it will be created in
Secondary Ledger also.

Thanking You
Srinivas Pochamaneni