You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered after
you consolidated your results. What is Oracle’s recommended practice when this occurs?
A subsidiary company is about to configure their General Ledger in a highly regulated country where there is
a legal requirement to produce fiscal reports under local GAAP. Subledgers transferring to General Ledger
must use the local currency, and there is a requirement to report to the parent company (not local currency)
using International Financial Reporting Standards (IFRS).
Which two ledger types should be configured to fulfill this reporting requirement?
You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered after
you consolidated your results. What is Oracle’s recommended practice when this occurs?