General Ledger Reporting Journals

 Reporting Ledgers lets you assign a Journal Entry to a specific reporting ledger.  During the Set-up you can create 3 reporting ledgers:  Base, Local or IFRS.  All journal entries that start in a sub-module like Receivables Management are automatically created in the Base reporting ledger.  If your company must adhere to the International Financial Reporting Standards (IFRS), additional Journal Entries can be created in either the Local or IFRS reporting ledgers, allowing for singular or consolidated views of your trial balances.