How to do Secondary Ledger in R12 (MRC)

Setp1: Go to Accounting Manager.SetupFinancialsAccounting Setup ManagerAccounting Setup:

Select You Primary Ledger Name

Click on Update Button.

Setup2:

Click Update

Select u r ledger name

Setup3:

Give the Secondary Ledger Name:Same primary ledger COA and Calendar but, currency is different

Click on Secondary Ledger

Click: Apply

Step:4

Currency is different

Step5:

Give the Retained Earnings Account

Click: Next and Finish:

Step:6

Primary to Secondary Ledger Mapping

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)

Setupopen/close:

Step:9

Define Daily Rates

SetupCurrencyRatesDaily:

Click

Save and Close:

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

Thanking YouSrinivas Pochamaneni