How to Setup Ledgers for Latin America Localization Inflation Adjustment
Last updated on OCTOBER 14, 2016
Applies to:Oracle Financials for the Americas - Version 12.1.3 and later
Information in this document applies to any platform.
Argentina GL Globalization -
What is the recommended way to setup inflation adjustment functionality in General Ledger with the Historical/adjusted option?
Documentation states the following:
Maintaining Both Historical and Inflation-Adjusted Balances
If you need to maintain both historical and inflation-adjusted balances, choose the
historical/adjusted option in General Ledger. With the historical/adjusted option, you
use two different ledgers to keep the historical balances separate from the
What is the correct setup?
1 - Define 2 primary books (one for historical balances and the other for adjusted balances)
2 - Define 1 primary book (for historical balances) and 1 secondary book (for adjusted balances)
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