In 11i the sub ledger accounting method (cash/accrual) was used to be defined at the sub ledger setup (AP/AR).
However in R12 things have changed.
You define the sub ledger accounting method at the ledger level.
All sub ledgers tied to that ledger will use that particular accounting convention.
So there is a difference in 11i and R12.
The accounting "Convention" is now married to the ledger and hence the term 4Cs.
If you are not planning to use sub ledgers then you do not have to choose a value in the accounting method field.
You can leave it blank. Your GL functionality will remain unaffected.
However you will have to specify an accounting method at the ledger setup, before you could use a sub ledger.
However in R12 things have changed.
You define the sub ledger accounting method at the ledger level.
All sub ledgers tied to that ledger will use that particular accounting convention.
So there is a difference in 11i and R12.
The accounting "Convention" is now married to the ledger and hence the term 4Cs.
If you are not planning to use sub ledgers then you do not have to choose a value in the accounting method field.
You can leave it blank. Your GL functionality will remain unaffected.
However you will have to specify an accounting method at the ledger setup, before you could use a sub ledger.
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