Oracle Fusion GL Part 5 | Primary, Secondary & Reporting Ledger Explained Reporting Ledger Explained

In this video, we dive deep into Oracle Fusion General Ledger (GL) – Part 5, focusing on one of the most critical and confusing areas for Oracle ERP professionals:

🔹 Functional Currency
🔹 Foreign Currency
🔹 Primary Ledger
🔹 Secondary Ledger
🔹 Reporting Currency Ledger

This session explains not just definitions, but real-life decision-making concepts:
✔ When to define a Primary Ledger
✔ When to use a Secondary Ledger
✔ When a Reporting Currency Ledger is the right choice
✔ How currency, accounting method, and chart of accounts drive ledger design

📌 This video is especially useful for:

Oracle Fusion Finance Consultants

ERP Functional Consultants

Finance & Accounting Professionals

Students preparing for Oracle ERP roles

Anyone struggling with multi-currency and multi-ledger setups

🔍 Topics Covered:

Functional Currency vs Foreign Currency (with examples)

What defines a Primary Ledger

Use cases for Secondary Ledger

Reporting Currency Ledger explained clearly

Ledger decision matrix & best practices

Common mistakes to avoid in Oracle Fusion GL

👉 Watch till the end for practical insights that are rarely explained in documentation.

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