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When is a "Balance" transferred from Primary to secondary ledger ? Is when the journals are posted to General Ledger ? This question is related to consolidations


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Pablo

Accepted Answer

Thursday, December 28 2017, 04:13 PM - #Permalink
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I found the answer for Consolidations:

Balance: When you run the Transfer Balances to Secondary Ledger process, balances are transferred from the primary ledger to the secondary ledger.

Journal: When you post journals in the primary ledger, the posting process copies the journals to the secondary ledger

Subledger: When you generate accounting in the primary ledger, the Create Accounting process produces accounting for both the primary and secondary ledgers
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